Strategy Signals More Bitcoin Buys as Saylor Cites $30B Capacity
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Michael Saylor says Strategy has room to raise substantial digital credit while continuing its Bitcoin acquisition strategy.
Strategy is preparing for additional Bitcoin purchases, according to executive chairman Michael Saylor, as the company continues to expand its BTC-focused treasury strategy.
Saylor said Strategy could potentially generate as much as $30 billion in digital credit without issuing additional common shares or relying on further increases in Bitcoin's market price.
The comments suggest Strategy sees financing capacity beyond direct equity fundraising to support its capital strategy. The company has previously used a mix of funding methods to build its Bitcoin holdings.
Any future purchases and financing activity will depend on Strategy's execution and market conditions.
Source: Cointelegraph
