Strategy (MSTR) BTC Per Share Tracker
187,955 sats
BTC Per Share as of September 24th, 2026
BTC Holdings
846,000
BTC Per Share
0.0018 BTC
BTC Yield YTD
-3.6%
Avg BTC Cost
$75,416
MSTR BTC Per Share History Since BSE
| Year | Satoshis per Diluted Share |
|---|---|
| 2020 | 56,597 |
| 2021 | 83,834 |
| 2022 | 84,870 |
| 2023 | 91,096 |
| 2024 | 158,826 |
| 2025 | 194,985 |
| 2026 | 187,955 |
What is BTC Per Share?
BTC Per Share measures how much bitcoin backs each share of Strategy stock on a fully diluted basis. Investors use this metric to track whether Strategy is increasing bitcoin ownership for MSTR shareholders over time.
Latest BTC Per Share Update
Strategy’s BTC Per Share increased to 220,900, while year-to-date BTC Yield rose to 13.3%. The increase followed Strategy’s $1.5 billion convertible debt buyback, which reduced potential dilution and increased the amount of bitcoin attributable to each MSTR share.
Why BTC Per Share Matters
BTC Per Share is important because it shows whether MSTR shareholders are gaining more bitcoin exposure over time. If Strategy can raise capital, buy bitcoin, and reduce dilution, BTC Per Share may continue to rise even without shareholders buying additional stock.