Michael Saylor Details Strategy's "Digital Credit" Strategy: Stripping Volatility, Compressing Duration, Extracting Yield

Odaily reports: Michael Saylor, founder of Bitcoin treasury company Strategy, published a post explaining how the company builds "Digital Credit" by managing its asset and capital structure, including Bitcoin, dollars, debt, preferred stock, and common stock.

Saylor stated that MSTR represents "digital equity" and STRC represents "digital credit." Strategy aims to allocate more Bitcoin volatility and upside potential to common stockholders through its capital structure, while providing STRC investors with dollar income, lower price volatility, and shorter duration characteristics. Saylor said the company's goal is to transform non-yielding Bitcoin capital into income-generating corporate securities through "stripping volatility, compressing duration, and extracting yield."