Michael Saylor, the guy who really, really likes bitcoin, is talking about something new. He says artificial intelligence (AI) helped his company, Strategy, create some special kinds of stock. Think of these stocks as ways Strategy raises money. And where does that money go? You guessed it. More bitcoin.
- Saylor’s company, Strategy, is using AI to design new types of stock to raise money. This money is then used to purchase more Bitcoin.
- The new stocks, Strife and Strike, are convertible preferred stocks that offer investors a regular payment. They can also be converted into regular stock later.
- Strategy has a massive Bitcoin holding and continues to buy more, using AI-assisted financial products to fund these purchases.
These new stocks have names like Strife and Strike. Catchy, right? Saylor called them the first “AI-designed securities” he knows of. He said this during a chat about how AI is changing things. It makes you wonder, what exactly does an AI-designed stock look like? Is it just really good at paperwork?
Strategy launched these preferred stocks earlier this year. They are part of a big plan to bring in $84 billion. That money is split between selling stock and taking on debt. The goal is simple: buy more bitcoin. Strife and Strike are convertible preferred stocks. That means they can be changed into regular stock later. They also pay out like clockwork. Strife offers a 10% yearly payment, and Strike offers 13%. These are a bit different from the usual ways companies sell stock.
Saylor mentioned AI was key in figuring out the details for these shares. Things like getting paid forever (perpetual dividends) or having the right to buy more stock later at a set price (perpetual call options). These features have been added to stocks before, sure, but putting it all together? That took some doing.
He said creating Strife and Strike meant fighting through all sorts of tricky legal stuff and complex money matters. It wasn’t a walk in the park, apparently. Paperwork, you know? It gets everyone eventually.
AI didn’t just spit out the final answer, Saylor explained. It gave him most of what he needed, maybe 80% or 95%. Then his finance and legal teams took over. So, AI is like a super-smart intern who does most of the grunt work but still needs a human to finish the job. Makes sense, I guess. You still need someone to sign the papers.
Strategy is a software company, but everyone knows them now for buying bitcoin. They’ve been stacking it up for years. Just the other day, they announced they bought even more. Between late April and early May, they picked up another 1,895 bitcoin. That cost them about $180 million.
Where did they get the cash for that latest purchase? They sold some regular stock and some of that new preferred stock, Strike. They raised just over $180 million to pay for the bitcoin. It’s a cycle: raise money, buy bitcoin, hold bitcoin, maybe raise more money, buy more bitcoin. Simple, really. Like collecting stamps, but the stamps are digital and worth a fortune.
As of early May, Strategy held a massive amount of bitcoin. We’re talking 555,450 bitcoin. At the time, that was worth around $52.2 billion. That’s a lot of digital coins. It’s roughly 2.6% of all the bitcoin that will ever exist. That’s like owning a big chunk of a very rare thing. Imagine having 2.6% of all the gold ever mined. It’s a similar idea, just digital and, well, bitcoin.
So, Strategy keeps buying. They use different ways to get the money, including these new AI-helped stocks. It shows how companies are getting creative to fund their bitcoin plans. And it shows AI might be helping with more than just writing emails or suggesting movies. It might be helping design the very things companies sell to make money.
It’s a bit wild to think about AI helping craft financial products. What’s next? AI-designed coffee blends? AI-optimized sock drawers? The possibilities are endless, and slightly unnerving. But for Strategy, it seems to be working. They keep adding to their bitcoin pile, one AI-assisted share offering at a time.
The world of company finance used to feel pretty set in stone. You had your basic stocks, your bonds, maybe some fancy options if you were feeling adventurous. Now, with AI getting involved, things are getting a bit more… interesting. Or complicated, depending on how you look at it. It’s like trying to follow a recipe where half the ingredients were suggested by a very enthusiastic computer program.
These preferred shares, Strife and Strike, are a good example of this new weirdness. Perpetual dividends? Perpetual call options? It sounds like something out of a financial textbook written by someone who just discovered video games. But hey, if it helps fund more bitcoin buys, Saylor seems happy to explore the edges of what’s possible.
It makes you wonder how much of the final product is the AI’s idea and how much is the human touch. Did the AI suggest the 13% yield, or did the finance team tweak it? Was the name “Strife” an AI suggestion, or did someone just think it sounded cool? These are the important questions, obviously.
The main point is, Strategy needed money for bitcoin. They used AI to help figure out a new way to get it. These preferred shares are the result. They offer investors a regular payment and a chance to turn them into regular stock later. It’s a different flavor of investment, perhaps one brewed by algorithms.
And with that money, they bought more bitcoin. The cycle continues. Strategy holds a ton of bitcoin. They believe in it. They keep buying it. And now, AI is apparently helping them find new ways to pay for it. It’s a modern love story, I suppose. Man meets AI, AI helps man buy bitcoin.
It’s a bold move, using AI to design securities. It adds another layer to the whole Strategy story. It’s not just about buying bitcoin; it’s about using new tools to do it. It’s a bit like using a robot to help you dig for treasure. The robot does the heavy lifting, but you still need to decide where to dig.
So, keep an eye on Strife and Strike. They might be the first of many AI-influenced financial products. Or maybe they’re just a quirky footnote in the history of MicroStrategy’s bitcoin adventure. Either way, it’s never boring following what Saylor is up to. Especially when AI gets involved.
