Daily Market Updates: Michael Saylor’s bitcoin valuation metric is criticized

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At close · Thu, Jul 9, 2026

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Michael Saylor’s bitcoin valuation metric is criticized

WSJ Markets says the metric is built to fit a bitcoin hoarder’s internal framework, rather than broader market realities.

Reported · Written up by our desk · Market Structure

WSJ Markets reports that Michael Saylor’s bitcoin strategy is constrained by the valuation metric he uses, which the outlet says is based on a flawed bitcoin math framework.

The outlet argues the metric overlooks market realities.

Latest closeBitcoin $63,168.34 ▲1.5%

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Sources

WSJ MarketsMichael Saylor’s Strategy Is Trapped by Its Own Broken Bitcoin Math

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