๐ Market Signal: Michael Saylor just dropped the "secret" on how to decode MicroStrategy's Bitcoin holding strategy!
Instead of just eyeing the total BTC, Saylor emphasizes two key metrics to assess the real value for shareholders:
๐ธ *BPS (Bitcoin per Share):* An optimistic growth measure, showing the rate of BTC accumulation through bond and stock issuance.
๐ธ *CEBE BPS (Net Bitcoin per Share):* A conservative risk measure, representing the actual BTC left for shareholders after subtracting all debts and priority claims.
*Why does it matter?*
โ Helps distinguish between "growth figures" and the "real value" that investors hold.
โ The importance of each metric shifts based on debt duration: for short-term debt, CEBE BPS is key, while for long-term debt, BPS takes the spotlight.
โ Confirms that analyzing capital structure is way more crucial than just dividing total BTC by total shares.
๐ Keep your hands steady โ Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1)
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $BTC
Instead of just eyeing the total BTC, Saylor emphasizes two key metrics to assess the real value for shareholders:
๐ธ *BPS (Bitcoin per Share):* An optimistic growth measure, showing the rate of BTC accumulation through bond and stock issuance.
๐ธ *CEBE BPS (Net Bitcoin per Share):* A conservative risk measure, representing the actual BTC left for shareholders after subtracting all debts and priority claims.
*Why does it matter?*
โ Helps distinguish between "growth figures" and the "real value" that investors hold.
โ The importance of each metric shifts based on debt duration: for short-term debt, CEBE BPS is key, while for long-term debt, BPS takes the spotlight.
โ Confirms that analyzing capital structure is way more crucial than just dividing total BTC by total shares.
๐ Keep your hands steady โ Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1)
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $BTC