StrategyTracker.com ⚡️

Scaling Horizontally & Focusing Lasers.

This week we bought bonds, not bitcoin. The ₿itVac is charging.

The Smarter Web Company quarter-to-date Bitcoin yield is 14.26%. With 778 sats per share, equating to ~£0.45 BTC per fully diluted share with a leverage ratio of 11.1%. Our current fully diluted mNAV is 0.89. 37 Bitcoin purchases in our ~56 weeks as a public company, equating to approx one Bitcoin purchase every 1.5 weeks. Orange is my favourite colour. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

@ZynxBTC @NitherDither @Metaplanet @DylanLeClair We don’t make decisions on official reporting. We sometimes provide recommendations, but final decisions rest with companies.

@StrategyTracker @NitherDither @Metaplanet @DylanLeClair Just confirm, it wasn't Metaplanet that removed it but it was decision by StrategyTracker?

Disappointed to see the market-cap-based NAV ratio quietly removed from @Metaplanet ’s analytics page [1]. It now shows two versions of the same EV-based mNAV. Metaplanet had been strong on transparency until this. If it’s an oversight, @DylanLeClair @StrategyTracker FYI. [1] analytics.metaplanet.jp/?lang=en

@NitherDither @ZynxBTC @Metaplanet @DylanLeClair Please keep in mind that many of these companies use EV mNAV in order to determine if share issuance is accretive or dilutive. The reporting is a reflection of the inner driver. Reporting on something else not tied to real world actions would be the real disingenuous position.

@ZynxBTC @Metaplanet @DylanLeClair @StrategyTracker Two seconds for you and me. Most people won't even know its a thing, now.

@ZynxBTC @NitherDither @Metaplanet @DylanLeClair True. Both are surfaced. This includes historical values and latest values.

@NitherDither @Metaplanet @DylanLeClair @StrategyTracker Tbf it takes two seconds to work it out. Mcap/BTC nav.

@NitherDither @Metaplanet @DylanLeClair @Strategy @Strive None of this is controlled by StrategyTracker but rather it’s the agreed upon consensus that emerged that Strategy helped pioneer. We’re merely surfacing the consensus.

@NitherDither @Metaplanet @DylanLeClair @Strategy @Strive That would break summary standardization since it would entail convincing all companies to switch to that metric over EV. Usually in emerging domains such as this, the leader sets the standard. You’ll have to convince Strategy to change to Market Cap based mNAV.

@thebtcpharaoh @NitherDither @Metaplanet @DylanLeClair @Strategy @Strive The company IR team is the source. We don’t manage the data. Please tag them if you see any discrepancy.

@StrategyTracker @NitherDither @Metaplanet @DylanLeClair @Strategy @Strive What's the source for your debt figure? it doesn't align with what's in the Q1 financials disclosure, which is higher than the analytics dashboard.

@NitherDither @Metaplanet @DylanLeClair @Strategy @Strive Having every company choose their own metrics to surface is less transparent, since you can always show metrics that paint a positive picture. Adopting an external neutral standard is much more transparent, since it requires giving up some control.

@NitherDither @Metaplanet @DylanLeClair If you hover over the tooltip, you’ll see it’s considerably more transparent, since it shows market cap, debt, cash, preferred at every point in time. The goal is to align on a set industry standard. Both @Strategy and @Strive use EV

@saylor @Strategy Going up, going up!

Back to work. $BTC

Added Timon Symbolism to @StrategyTracker to symbolize @StrategyTracker Pirate Ships steering towards @TNorth Check it out @PunterJeff

No buys this week. Back to work next week. $BTC

The ₿eat Goes On.

Digital Lightning needs Digital Grounding.

@saylor @worshipbitcoin Orange beam activated.

The Future is Orange

Tomorrow is our one-year anniversary of being a public company (The Smarter Web Company listed on 25 April 2025, and tomorrow is the nearest trading day). Within a very short space of time @BitcoinBee21 created the Webley Tracker and it is one of my favourite community websites today. Recently we also worked with @StrategyTracker to ensure that our Bitcoin analytics data was represented accurately on their platform. Others like @BitcoinPowerLaw and @BTCtreasuries have amazing data that is making the Bitcoin treasury sector easier for investors to evaluate. I am looking forward to the future for The Smarter Web Company. And hopefully adding many more orange dots. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8