Saylor changed the ruler Strategy is adjusting the KPI algorithm for BTC holdings, no longer using the old method. Over the past three years, he bought at 126K, bought at 58K, and never changed his stance. Now with BTC at 64K, in the eighth month of the bear market, he’s starting to say the previous measurement method was wrong. It’s not that there’s a problem with BTC. It’s the first time he needs a different way to explain why he’s still holding. When someone who never admits defeat starts changing the ruler, you don’t need to look at his new metrics. You just need to know it’s the first time he feels the need for new metrics.