💡 On the bitcoin standard, #BTC is your unit of account—so at bitcoinreserve.com we price everything in BTC. Here’s a real example with Strategy (#MSTR):

• BTC holdings: Ƀ576 230

• Shares outstanding: 256 986 000

• BTC per share: Ƀ0.00224226

• Share price: Ƀ0.00391968

• Price / BPS: 1.748

In other words, for every 1 BTC of backing under the hood, you’re paying 1.748 BTC at today’s MSTR price—i.e., a 74.8 % premium paid in BTC.

If you’re moving sats into shares, you deserve to know exactly how many sats you give up vs. how many you get back. No fiat illusions, no hidden math—just pure bitcoin-first accounting. 🚀

🔗 Visit bitcoinreserve.com to see every company’s BTC backing, denominated fully in bitcoin.