Strategy Invents Financial Metrics And Everybody Applauds 👏

Strategy Invents Financial Metrics And Everybody Applauds 👏

MSTR's own website states that their reports do not reflect the financial reality:

"None of BTC Rating, BTC Credit, or BTC Risk are measures of financial results or liquidity, or key performance indicators."

Strategy's software business also operates at a ≈$60M loss, but on their website and socials they decide to ignore a part of expenses and market it as profit. So they create their own non-standard accounting and credit metrics and advertise those.

Strategy has a consistent pattern of misrepresenting their financials to look more favorable in their public marketing campaigns. A lot of it is in the form of Michael Saylor's videos, podcast appearances and posts on X. A lot seem to think that just because someone says something in a video or a social media post it must be true.

Words can be deceiving, numbers not so much.