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Strategy's Michael Saylor crowns 'bitcoin per share' as new investor yardstick
Strategy (MSTR) Chairman Michael Saylor said on Saturday, "BPS is EPS on the Bitcoin (BTC) Standard," referring to "Bitcoin per share," a metric the company said it will use to guide capital, equity, debt, and credit decisions. Saylor’s comments follows PhongLe, CEO of Strategy, who remarked on X, "Bitcoin per share (BPS) is our True North.” The largest corporate holder of Bitcoin indicated this week that it may sell some of its approximately $60 billion in Bitcoin assets to pay dividends, a move away from the company’s long-standing stance against selling the cryptocurrency. Le stated the firm has provided a ... (full story)