Saylor Unveils BTC Credit Model Amid Capital Market Volatility
Michael Saylor has developed a BTC credit model that tracks the impact of capital markets actions on Bitcoin instruments. The model uses a 10% annual recurring revenue reference and color-codes spreads by credit tier, allowing for the identification of BTC floor prices for undercollateralization.
Saylor recently commented on BIP-110's failure to gain consensus, noting that only 2.6% of miners signaled in favor of it. He has also observed Bitcoin's price action near its 200-week moving average, which informs his ongoing analysis of financial models.