Bitcoin treasury operating system / v1.0
The balance sheet, priced in real time.
A live control layer for treasury NAV, BTC accretion, dilution, and Strategy's preferred capital stack.
Snapshot generated
17:41:31 UTC
Bitcoin reference asset
BTC / USDReal-time treasury denominator
$64,985
24H move
+0.54%
BTC / JPY
¥10,638,091
Source: coingecko-demo · persisted to PostgreSQL
Market tape / session
BTC price history
Bitcoin market cap
24H turnover
USD / JPY
Feed condition
Treasury operators
Corporate Bitcoin intelligence
Metaplanet Inc.
TSE · JPY · diluted basis
¥225.00
yahoo
BTC treasury
BTC NAV
Market cap
mNAV multiple
BTC / share
BTC Yield
Strategy Inc.
NASDAQ · USD · diluted basis
$98.43
yahoo
BTC treasury
BTC NAV
Market cap
mNAV multiple
BTC / share
BTC Yield
Cross-company dataset
Treasury comparison matrix
| Security | BTC held | BTC NAV | Market cap | mNAV | Sats / share | BTC Yield | As of |
|---|---|---|---|---|---|---|---|
| 3350.T | 43,000 BTC | $2.79B | ¥367.10B | 0.80× | 2,636 sats | +6.56% | 2026-06-30 |
| MSTR | 843,775 BTC | $54.83B | $40.78B | 0.74× | 203,683 sats | -3.39% | 2026-07-26 |
Capital structure
Preferred yield curve
Implied annual cash yield based on stated dividend rate, par value, and latest persisted market price.
Instrument-level analytics
Strategy preferreds
| Ticker | Terms | Live price | vs par | Current rate | Market yield |
|---|---|---|---|---|---|
| STRC | 12.00% current variable-rate cumulative perpetual | $88.41yahoo · 17:41:31 | -11.59% | 12.00% | 13.57% |
| STRD | 10.00% non-cumulative perpetual | $61.11yahoo · 17:41:31 | -38.89% | 10.00% | 16.36% |
| STRF | 10.00% cumulative perpetual | $96.98yahoo · 17:41:31 | -3.02% | 10.00% | 10.31% |
| STRK | 8.00% cumulative convertible perpetual | $62.32yahoo · 17:41:31 | -37.68% | 8.00% | 12.84% |
Observability
Market-data pipeline
CoinGecko
demo authentication
authorized
BullMQ
60s recurring ingestion
healthy
PostgreSQL
append-only quote history
persisted
Redis
computed dashboard hot cache
redis