Bitcoin24h $87,890.11+4.00%

Ethereum24h $2,838.55+2.99%

XRP24h $2.07+6.58%

BNB24h $852.95+2.63%

Solana24h $132.71+4.41%

TRON24h $0.2752+0.43%

Dogecoin24h $0.1468+4.85%

Cardano24h $0.4146+2.93%

Hyperliquid24h $32.56+8.42%

Bitcoin Cash24h $548.30-1.09%

Michael Saylor mixes up his ‘treasuries’ in misleading MSTR tweet

Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to “digital treasuries” might take the cake.

CHART: Strategy’s BTC growth slows to multi-year low

Strategy has been adding BTC to its treasury at its slowest rate in five years. Worse, its mNAV is also falling.

Public treasury companies have raised about $10 billion this year to buy BTC, yet the spot price keeps falling.

Scott Bessent confirmed a disappointing amount of US government bitcoin this morning, putting the number at $15B to $20B.

As of publication time, Upexi has a market capitalization of $330M and holds 1.9M SOL worth over $353M. Its mNAV is a sad 0.94X.