**January 18th Update** MicroStrategy founder Michael Saylor announced today that the “BTC Rating” metric has been added to the company’s official website. MicroStrategy’s Bitcoin Product Strategy Lead, Chaitanya Jain, explained the metric’s formula: (Bitcoin Reserves – Debt – Preferred Stock + USD Reserves) divided by Market Cap. This represents the ratio of the firm’s Bitcoin net reserves to its market capitalization.
This news is powered by Lookonchain 
