41.06%
Amplification
- Total Debt
- $6.75B
- Total Preferred
- $15.46B
- BTC Holdings
- 843,775 BTC
- Bitcoin NAV
- $54.11B
“Debt + Pref divided by the BTC Reserve.”www.strategy.com
Amplification
"Amplification" measures how much of a Bitcoin treasury is financed through debt and preferred stock rather than common equity. Strategy and Strive publish identical formulas: (Total Debt + Total Preferred) / Bitcoin NAV. The Smarter Web Company publishes a Leverage Ratio with the same shape but a different NAV definition: Debt / (Bitcoin Held + Treasury Cash - Total Debt). Each card below uses the issuer's own published formula and links to the source page where the metric appears.
61.41%
Amplification
- Total Debt
- $0
- Total Preferred
- $783.0M
- BTC Holdings
- 19,882 BTC
- Bitcoin NAV
- $1.27B
“Total Debt + Preferred as a percentage of Bitcoin NAV.”www.strive.com
15.41%
Leverage Ratio
- Total Debt
- £18.5M
- Treasury Cash
- £883K
- BTC Holdings
- 2,878 BTC
- Net Asset Value
- £120.1M
“Leverage Ratio = Debt / Net Asset Value, where Net Asset Value = Bitcoin Held + Treasury Cash Balance - Total Debt.”www.thesmarterwebcompany.com