Strategy chairman Saylor: 'We closed at a new all-time high: $77.4 billion in BTC NAV'

The firm publicly tracks its bitcoin metrics, including total BTC held, BTC NAV (the market value of its bitcoin position), leverage, and ratios like mNAV that compare market capitalization to bitcoin net asset value. These dashboards and investor updates provide point-in-time snapshots reflecting price moves and acquisition activity, allowing investors to contextualize announcements such as closing at a new all-time high BTC NAV.

Net Asset Value (NAV) is a standard finance concept: assets minus liabilities. In Strategy’s bitcoin context, BTC NAV refers to the current market value of its BTC holdings (often discussed alongside debt and preferred obligations). Educational explainers and company materials outline how NAV and market-NAV ratios help investors gauge whether a firm trades at a premium or discount to its underlying bitcoin position.

Michael J. Saylor is the executive chairman and co-founder of Strategy. He served as CEO from 1989 to 2022 before focusing on the firm’s bitcoin strategy and advocacy. An MIT graduate and longtime technology entrepreneur, Saylor chairs the board and remains a prominent voice on corporate adoption of bitcoin, treasury management, and digital asset infrastructure.

Strategy is a publicly traded AI plus business intelligence company that has adopted bitcoin as its primary treasury reserve asset. It positions itself as the world’s largest corporate holder of BTC. The firm communicates its approach through investor resources, events like Bitcoin for Corporations, and regular press releases detailing purchases, financing, and treasury metrics tied to its bitcoin strategy.