MSTR to BTC Calculator

Convert BTC to MSTR
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BTC Amount
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MSTR Shares

What is MSTR?

MSTR (MicroStrategy) is a publicly traded company that holds a significant amount of Bitcoin on its balance sheet. By owning MSTR shares, investors gain indirect exposure to Bitcoin through the company's Bitcoin holdings.

Note on Share Count: While MicroStrategy has 245,459,000 regular outstanding shares, this calculator uses the fully diluted share count of 281,418,000. The diluted count includes potential additional shares from convertible securities and stock options, providing a more conservative estimate of Bitcoin exposure per share.

Why Use This Calculator?

This calculator helps you:

  • Convert your MSTR holdings to their equivalent Bitcoin exposure
  • Calculate how many MSTR shares you need for a target Bitcoin exposure
  • Understand your indirect Bitcoin holdings through MicroStrategy shares
  • Compare MSTR investment with direct Bitcoin holdings