Founder of Strategy: STRC is a product designed by AI, something I couldn't have done myself

BlockBeats News, June 19th, Strategy Michael Saylor said in an interview with Coindesk that the company's issued 'Stretch' variable-rate perpetual preferred stock, STRC, is a product made using AI:

“All of this I designed with AI. I can't do this myself. I really mean it, I used artificial intelligence, I had several hours of back-and-forth with AI, like the rest of us do, learning how to design these different things and arguing with it, asking it 'Can I do this?' 'Can I do that?' At some point, I said, 'I want a product that pays monthly interest first, and I want it to stabilize at 100.' And it said, 'You can do this, this, and this.' I asked, 'Has anyone done this before?' And then it scanned for ten minutes, and told me, 'No one has ever done this in world history, but it is completely legal and entirely feasible.'”

Recently, the community has been paying close attention to the STRC anchor departure issue. The stock plummeted to a low of $82.7 early this morning and closed at $88.8.