Michael Saylor says Strategy can create up to $30B of "digital credit" through preferred shares without new common stock or a higher BTC price, and CEO Phong Le says that is now the primary way it acq

What happened: Strategy plans to fund more Bitcoin purchases through preferred-share offerings, with Michael Saylor saying it could create up to $30 billion in digital credit from its existing balance sheet. Key numbers: Up to $30 billion in potential digital credit. Q3 net income $19.53 billion, driven by a $20.91 billion gain on digital assets. Holdings 848,517 BTC as of Oct. 25, up 26% year to date. Why it matters: CEO Phong Le said issuing digital credit would be the primary way to acquire more Bitcoin, shifting funding away from convertible debt and common-share sales.

Strategy plans to fund more Bitcoin purchases through preferred-share offerings, with Michael Saylor saying it could create up to $30 billion in digital credit from its existing balance sheet.

CEO Phong Le said issuing digital credit would be the primary way to acquire more Bitcoin, shifting funding away from convertible debt and common-share sales.