Michael Saylor announced that the Strategy official website has introduced a new BTC Rating metric. This metric, as explained by Chaitanya Jain, head of Bitcoin product strategy at Strategy, is calculated using the formula: (Bitcoin reserves - debt - preferred stock + cash reserves) / market capitalization. This formula aims to represent the ratio of net Bitcoin reserves to the company's market capitalization, providing a new way to assess the company's Bitcoin holdings relative to its overall value.