The post Strategy CEO Phong Le Reveals How MSTR Is Rewriting Corporate Finance In New Bitcoin Presentation appeared on BitcoinEthereumNews.com.

Phong Le, CEO of Strategy, has unveiled a new financial model that reframes traditional corporate finance through the lens of Bitcoin. Titled “A New Financial Standard: KPIs for Bitcoin,” the framework introduces a Bitcoin Standard that redefines how companies approach valuation, capital deployment, and corporate governance. According to Phong Le, the “BTC Standard” will transform key pillars of corporate finance: valuation and options, capital deployment and structure, and corporate governance. At the heart of this shift is a new framework built around Bitcoin-based Key Performance Indicators (BTC KPIs), created to offer companies performance transparency in real time. These include BTC Yield, BTC Gain, and BTC $ Gain. Valuation metrics include BTC $ Income, BTC $ Value, BTC $ Equity, BTC Torque, and BTC Multiple. Credit metrics include BTC Rating, BTC Risk, BTC Credit, and BTC Credit Hurdle. Strategy updates its BTC KPIs every 15 seconds. This stands in stark contrast to the traditional model of reporting every 90 days, which Le says makes Strategy’s approach approximately 500,000x more transparent. Recent BTC valuation data from Strategy includes a BTC Torque of 6.9x on $100 million of MSTR equity, with a 30% BTC ARR, $50 million in BTC $ Gain, $639 million in BTC $ Income, and $689 million in BTC $ Value. For convertible debt, the company reported progressively higher BTC Torque figures: 8.9x with $64 million BTC $ Gain and $886 million BTC $ Value 10.4x with $80 million BTC $ Gain and $1.038 billion BTC $ Value 12.8x with $100 million BTC $ Gain and $1.279 billion BTC $ Value These metrics reinforce the structural financial advantage Strategy sees in adopting the BTC Standard. Le emphasized the need to consider both debt and equity when evaluating BTC Torque, stating, “To be able to issue debt, the folks who value…

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Filed under: News - @ May 7, 2025 7:29 pm