Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.
Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.
Bitcoin treasury company Strategy is looking to finance more Bitcoin purchases through preferred-share offerings, with executive chairman Michael Saylor saying it has the capacity to create as much as $30 billion in digital credit.
During Strategy’s third-quarter earnings call, Saylor said the company could generate the amount using its existing balance sheet, without an additional common-stock capital raise or further Bitcoin price appreciation.
The potential financing capacity highlights the company’s shift toward preferred shares such as STRC to fund Bitcoin accumulation rather than relying primarily on convertible debt or common-share sales.