Michael Saylor pitches bitcoin 'digital credit' at Goldman Sachs conference as Strategy's BTC-backed lending surpasses $11 billion
By
Shiraz Jagati
Summary
Michael Saylor, executive chairman of Strategy Inc., pitched the concept of "digital credit" at Goldman Sachs' Digital Assets Conference in London, arguing that bitcoin is evolving from a treasury reserve asset into the foundation of a new credit market. He noted that bitcoin-backed lending has swelled past $11 billion in a year, while his firm's bitcoin holdings have reached 847,363 BTC.
Source
Key quotes
· 1 pulledHe said he discussed 'Bitcoin, digital credit, and the future of...'
You might also wanna read
Michael Saylor Sees Bitcoin Adoption Entering a Bigger Game: Here’s What He Says
Michael Saylor Signals More Strategy Bitcoin Buying, Calls BTC ‘Digital Energy’
Strategy Sells 3,588 Bitcoin for $216 Million to Fund Preferred Stock Dividend Payments
Strategy (formerly MicroStrategy) sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock offerings. The sale,
Strategy Sells 3,588 Bitcoin for $216 Million to Fund Preferred Stock Dividend Payments
Strategy (formerly MicroStrategy) sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock offerings. The sale,
Michael Saylor Says Bitcoin’s Four-Year Cycle Is Losing Power: What Matters More
Strategy Inc. Unveils Digital Credit Capital Framework, Authorizes Up to $1.25B in Bitcoin Sales for Dividends and Buybacks
Strategy Inc. (MSTR) announced a major capital management overhaul called the Digital Credit Capital Framework, which includes a board-appro

Comments
Sign in to join the conversation.
No comments yet. Be the first.