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Saylor Says Strategy Has Up to $30B of Digital Credit Capacity as It Weighs More Bitcoin Purchases
Michael Saylor said Strategy could create as much as $30 billion in digital credit and intends to buy more Bitcoin. Nothing has been executed yet, so any boost to BTC demand remains prospective.
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Michael Saylor, the head of Strategy, said the company has room to issue up to $30 billion in digital credit. According to his comments as reported by Cointelegraph, this would not require selling new common stock or depend on further gains in the Bitcoin price.
Reports say Strategy is considering additional BTC acquisitions. The available sources were brief summaries and headlines, and they did not give the timing, size of purchases or structure of the credit instruments.
The mechanism is simple: greater funding capacity could let the company buy more Bitcoin, adding spot demand. Capacity is not the same as execution, however, and no purchases tied to this plan have been confirmed.
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Cointelegraph
Fachmedien · EN · veröffentlicht 30. Okt., 05:53
Versionsverlauf
- v2 · 30. Okt., 06:13 — ohne Textkorrektur
- v1 · 30. Okt., 06:10 — Erstveröffentlichung
Schlagwörter: #Bitcoin#Strategy#Michael Saylor#Corporate treasuries