According to a message from ChainCatcher, Michael Saylor posted on the X platform stating that the Strategy official website has added a BTC Rating metric. According to Chaitanya Jain, head of Bitcoin product strategy at Strategy, the BTC Rating metric is calculated using the following formula: (Bitcoin reserves - debt - preferred stock + cash reserves) / market capitalization, which represents the ratio of net Bitcoin reserves to the company's market capitalization.
Michael Saylor: Strategy Website Adds BTC Rating Metric
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Michael Saylor announced on X that Strategy has added a BTC Rating metric to its platform. The BTC Rating is calculated as (Bitcoin reserves - debt - preferred stock + USD reserves) / market cap, showing the net Bitcoin reserves relative to the company's market cap. The move comes as BTC dominance remains a key focus for institutional investors tracking exposure. Strategy's head, Chaitanya Jain, explained that the metric aims to help users assess companies' Bitcoin holdings more clearly.
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