Saylor and team overhaul Strategy's bitcoin metrics as bear market persists

CoinDesk·

Saylor and team overhaul Strategy's bitcoin metrics as bear market persists

60-second summary

Michael Saylor and his team are revamping Strategy's bitcoin metrics, providing common shareholders with a clearer view of net bitcoin exposure, excluding preferred stock and convertible debt obligations. This overhaul aims to better reflect the company's underlying bitcoin holdings, as the bear market persists, with bitcoin prices hovering around $20,000, and investors seeking more transparent financial reporting.

New framework gives common shareholders a clearer view of net bitcoin exposure after preferred stock and convertible debt obligations