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.
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.
“We could create $10 billion, $20 billion, $30 billion of digital credit,” Saylor said.
Read more
