₿

MSTR Price Model

STRATEGY INC · MICROSTRATEGY · NASDAQ: MSTR

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BTC: CoinGecko API

Holdings: 766,970 BTC (Mar 22, 2026)

Shares: 346.8M (APR 10, 2026)

BTC Price

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MSTR Price

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Current mNAV

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Market Cap / BTC NAV

Fair Value (1× mNAV)

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BTC NAV / Shares Out.

Fair Value (2× mNAV)

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Historical premium

Fair Value (3× mNAV)

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Bull cycle peak range

vs BTC NAV

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Mkt Cap vs BTC NAV

mNAV Zone Indicator

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calculating…

ACCUMULATE · 1×–2×

HOLD · 2×–2.5×

SELL · 2.5×+

Accumulate (1× – 2×mNAV)

Hold (2× – 2.5×mNAV)

Sell Zone (2.5×+ mNAV)

MSTR Fair Value vs BTC Price

1× mNAV (fair value)

2× mNAV (premium)

3× mNAV (cycle top)

MSTR price

BTC Price Projector

$80,000

projected BTC price

drag to adjust

$40K $150K $300K $500K

1× mNAV

ACCUMULATE · Fair Value

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2× mNAV

HOLD · Healthy Premium

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3× mNAV

SELL · Cycle Top Range

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₿ Holdings: 766,970 BTC

Shares Out: 346.8M

BTC/Share: —

Sats per MSTR Share

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1 MSTR ≈ X sats of BTC exposure

BTC per Share

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766,970 BTC ÷ 346.8M shares

BTC NAV (Total)

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Holdings × BTC price

Avg Cost Basis

$75,694

per BTC acquired

⚠ Not financial advice. mNAV zones are indicative thresholds based on historical MSTR trading behavior. MSTR frequently trades at a premium to BTC NAV due to leverage, optionality, and institutional access. Data is updated in real-time from public APIs. BTC holdings and share count are sourced from Strategy Inc SEC filings and may lag by days. Always verify at strategy.com.