Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin
Michael Saylor says Strategy aims to make STRC the world’s best credit instrument after the company sold bitcoin to help fund preferred stock distributions
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Michael Saylor says Strategy aims to make STRC the world’s best credit instrument after the company sold bitcoin to help fund preferred stock distributions
The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.
Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the point.
Speaking at a Mizuho event, the Strategy (MSTR) executive chairman said the formation of banking credit pairing with digital credit will be the catalyst for the next bull market.
The perpetual preferred yield holds at 11.5% for April as the 30-day volume weighted average price stabilizes near $100.
The company seemed to have skipped it’s weekly bitcoin purchase announcement for the first time since late december.
Expanded share issuance plans and new Wall Street partners boost capital raising firepower.
Crypto money managers warned that without a billion-dollar balance sheet or a clear framework for risk, most Bitcoin treasuries will struggle to stand out.
Billions raised through STRK, STRF, STRD and STRC cement Strategy’s role as the top corporate Bitcoin proxy in 2025.