Michael Saylor Says Value Creation Depends on Metrics Such as NAV Per Share and BTC Per Share

Michael Saylor said value creation depends on specific metrics, including net asset value (NAV) per share and BTC per share. According to Odaily, Saylor wrote on X that NAV per share measures balance sheet strength and the value of residual assets, while BTC per share measures Bitcoin concentration and long-term upside potential for equity. He added that growth in NAV improves asset coverage, and growth in BTC yield increases the amount of Bitcoin held per share.