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THE PEELFriday, Oct 23, 2026 · written 7:30 AM ET from the Oct 22 close

STRK down 3.5% · MSTR down 5.0%

bitcoin is at $81,560 as of 7:30 AM ET, up 0.3% from $81,334 at Thursday’s 4 PM close.

MSTR closed at $145.80 (−5.00%), mNAV 1.17x from 1.20x; ASST closed at $29.03 (−5.59%), mNAV 1.58x from 1.62x. mNAV here is enterprise value (diluted market value plus debt and preferreds, minus cash) divided by the bitcoin held.

STRC closed at $98.65, its 111th straight session under $100. STRK moved the most, down 3.47% to $70.47. Current yields (annual dividend ÷ price): STRF 9.73%, STRC 12.16%, STRK 11.35%, STRD 14.36%, SATA 13.27%, and SATS 15.86%.

Coming up: The STRC holders’ vote on daily dividends, Wednesday, Oct 28; the STRC rate decision, Friday, Oct 30.

Built from: Bitcoin price, Closes, mNAV (EV), Preferred closes, Current yields, STRC vs par, Calendar.

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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.