MicroStrategy Rewrites Bitcoin Math | Business and Finance News

MicroStrategy’s Bitcoin holdings just got a major accounting makeover — ditching old metrics to reveal a net asset value per share of 1.02, putting stock price at parity after stripping out $22 billion in senior claims. Amid a stock slump and upcoming earnings, the company’s shifting focus from convertible debt to digital credit, while quietly approving a $1.25 billion Bitcoin sale to fund reserves, dividends, and buybacks — a formal break from Michael Saylor’s “never sell” pledge. They’re even raising cash by selling stock, not Bitcoin, to preserve their massive 843,775 BTC stash — at the cost of diluting common shareholders. This new financial language? All about clarity in a bear market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1fff3f012be46c4f