Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Summary
Strategy plans to rely more on preferred-share offerings, including STRC, to finance further Bitcoin purchases. Executive chairman Michael Saylor said the company could create up to $30 billion in “digital credit” using its existing balance sheet, without issuing more common stock or relying on Bitcoin price gains. CEO Phong Le described digital credit as the primary route for future acquisitions and said monthly STRC fundraising of $1 billion to $2 billion could fund both dollar reserves and Bitcoin purchases. The $30 billion is potential capacity, not a fundraising target. Strategy reported $19.53 billion in third-quarter net income, largely reflecting gains on its digital assets, and held 848,517 BTC as of October 25.
