Company figures
Four numbers, and where each one came from.
A model is only as good as its inputs, so here they are with their provenance. Check them against the current filing. They are read out of filings and off the market rather than assumed, which is why the calculator shows them and does not let you type over them: a figure you can edit is an assumption, and none of these are.
Strategy MSTR
Balance sheet as of 2026-09-14, as of 35 days ago. Prices as of 2026-10-19 20:26, as of today.
| Field | Value | What it is |
|---|---|---|
| Bitcoin held | 848,517 | Coins on the balance sheet, from the most recent capital-relevant filing. |
| Diluted shares | 420,238,943 | Basic shares plus options. Convertibles are handled separately, because they only dilute above their strikes. |
| Senior claims | $16.131B | Debt plus preferred stock at notional, less the USD reserve. Net rather than gross: repaying a note from the reserve reduces both sides and leaves equity value unchanged. |
| Share price | $139.92 | Last close. Refreshed daily. |
| Bitcoin price | $82,485 | Spot. Refreshed daily. |
Which gives bitcoin per share 0.002019, a bitcoin position of $69.99B, net asset value per share $128.16, and a premium of 1.09×.
Sources: Strategy filings on EDGAR · Q2 2026 10-Q (convertible schedule)
Balance-sheet figures are entered by hand and re-verified when a new capital-relevant filing appears, so they lag the company. Prices are refreshed daily. None of it is a dial: these are read out of filings and off the market, so the calculator shows them rather than offering them. Check any of it against the current filing.
The convertible schedule carries 6 series, each with its own strike and conversion rate, so dilution is modelled note by note rather than as one aggregate.
Why there is only one company here
Other bitcoin treasury companies belong in this list, and they are not in it yet for one reason: their figures have not been checked against their filings by anyone here. A curated record assembled from secondary sources would look exactly as authoritative as this one and would be worth nothing.
A wrong number stated confidently is worse than a missing one. So until a company's coin count, share count and senior claims have been read out of its own filings, it stays off this page. The sources for the one company on it are linked above.
Currency is worth one note. Everything is modelled in dollars, and a company reporting in another currency is converted once at a fixed rate. No exchange-rate path is modelled, and the model does not pretend to know one.