Michael Saylor said Strategy’s balance sheet could support the creation of between $10 billion and $30 billion in “digital credit” without further Bitcoin appreciation or new equity issuance. The company held approximately 848,517 BTC and plans to use that treasury as collateral to structure financial products and diversify its funding sources. Its digital credit offering includes STRC, a preferred stock with a double-digit yield designed to trade around a $100 par value. Strategy has already spent billions of dollars repurchasing STRC and plans to introduce daily dividends backed by its cash reserves. It also authorized up to $1 billion in common stock buybacks while reaffirming its intention to remain a net buyer of Bitcoin.
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