MSTR Capital Structure

Equity = max(0, Assets − Senior claims). Hover the chart to inspect **exact NAV sensitivity**.

BTC held

Shares outstanding

Debt (USD)

Preferred (USD)

Cash (USD)

Software value (USD)

BTC price (scenario)

$87,453

BTC price (exact)

NAV / Share

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BTC where equity = 0

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Equity cushion

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