StrategyViewer is not a reprint of Strategy.com or StrategyTracker. When sources disagree, disclosed filings win. When a print is unverified, the field stays blank.
Sources, in order
SEC EDGAR (8-K, 10-Q, 10-K). Holdings, cost basis, share counts, and official KPI snapshots take precedence when a filing reconciles. Open source
Strategy issuer terms. Preferred and convertible terms (seniority, stated yield, conversion). The live website often returns 403 to automated clients, so terms are cached from disclosed documents rather than scraped each request. Open source
StrategyTracker / SaylorTracker. Historical KPI series, peer treasuries, and fill-ins when the official ledger is dated. Not an independent second source — both sites share the public MSTR feed. Open source
Spot prices (Yahoo, CoinGecko, Polygon fallback). MSTR last and BTC/USD used in live mNAV, BTC Rating, and BTC Floor. Cached in Redis when configured to avoid rate limits.
What we do not invent
STRE market quote
STRE is euro-denominated. Unverified US-market fallbacks are withheld rather than shown as a dollar price.
STRC payment frequency
Issuer policy is board-set (currently semi-monthly). Tracker “monthly” labels are not treated as terms.
Derivatives open interest
Not supplied by the treasury adapter.
Bitcoin ETF flows
Not supplied by the treasury adapter.
Coverage metrics
BTC Rating
Bitcoin NAV / cumulative senior claims through that layer — A coverage multiple, not a rating-agency grade.
BTC Floor
BTC spot / BTC Rating — Illustrative BTC price at which that layer’s coverage compresses to 1.0x.
EV mNAV
(Market cap + debt + preferred − cash) / Bitcoin NAV — Enterprise multiple versus the Bitcoin reserve.
Amplification
(Debt + preferred) / Bitcoin NAV — Shown as a percent and as a multiple on the capital stack.
