Video | Strategy Founder Michael Saylor: I Leveraged ChatGPT to Design Preferred Shares and Earned $15 Billion

On August 6, Strategy founder Michael Saylor stated during an appearance on the podcast "The Diary Of A CEO" that he had previously used AI to design financial tools, helping the company create $15 billion in value. By 2025, Strategy was nearing the limits of traditional equity financing and convertible bond issuance for further Bitcoin purchases. To continue financing, Saylor turned to AI to design a novel security instrument—Bitcoin-backed convertible preferred stock called STRK.

With the help of ChatGPT, Strategy introduced this unprecedented financial product to the market and successfully issued over $15 billion in credit instruments. Saylor mentioned that this financial innovation allowed the company to overcome its financing bottleneck and enabled him to "earn $15 billion with AI."