Saylor Says AI Helped Strategy Raise $15 Billion
Summary
- Michael Saylor said he made about $15 billion using AI.
- Strategy said it used AI to develop new fundraising tools after exhausting its capacity to issue existing convertible bonds.
- Strategy said it sold a total of $15 billion in credit products through the IPO of Bitcoin-based convertible preferred stock Strike (STRK) and a shelf registration.
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Strategy, the largest corporate holder of Bitcoin, used artificial intelligence to devise a fundraising strategy, Wu Blockchain reported.
Michael Saylor, Strategy's chairman, said in an Aug. 6 interview with The Diary Of A CEO that the company "made $15 billion using AI."
At the start of 2025, Strategy held about $30 billion worth of Bitcoin, he said. Its capacity to issue convertible bonds, then its main funding tool, had been exhausted. To keep buying Bitcoin, the company used AI to develop new fundraising instruments.
The result was Strike, or STRK, a Bitcoin-based convertible preferred stock. Strategy raised $2.5 billion through STRK's initial public offering and then sold an additional $8 billion through a shelf registration, according to Saylor.
Strategy later raised another $4 billion through another financial product, bringing total credit product sales to about $15 billion.
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