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Yes, it would be interesting to see this chart overlayed with number of outstanding shares.
Saylors entire sales pitch is "BTC yield".
That is, if you bought 1 share of MSTR you could compute that share had a certain claim to the underlying BTC. His financial goal is to increase BTC holdings above the dilution of shares, so that over time that 1 share of MSTR gets claim to a larger and larger amount of BTC.....thus the claim that he is providing "BTC yield"
Its a pretty interesting concept and if that holds, he basically becomes a more efficient miner. A miner that uses fiat instead of electricity.
This is the core financial reason why the stock is trading at a premium to BTC price, because you are "gaining BTC" each year....