Michael Saylor: Strategy’s AI-Designed Preferred Shares Break New Ground

Michael Saylor: Strategy’s AI-Designed Preferred Shares Break New Ground

Michael Saylor, co‑founder and executive chairman of Strategy, has declared his company’s newest preferred stocks—Strike (STRK) and Strife (STRF)—the first “AI‑designed securities” in the industry. Speaking at a live event on Tuesday, Saylor explained that an AI‑powered interface played a critical role in shaping these instruments, which offer perpetual dividends and call options.

Innovative Capital‑Raising Vehicle
Launched earlier this year, STRK and STRF are convertible preferred shares yielding 13% and 10%, respectively. They form part of Strategy’s ambitious plan to raise $84 billion—split evenly between equity and debt—to fund ongoing Bitcoin acquisitions. Saylor noted that AI helped the team navigate complex legal and financial considerations, providing 80–95% of the insights needed before final review by the finance and legal departments.

Fueling Bitcoin Accumulation
Strategy confirmed on Monday that it bought an additional 1,895 BTC (approximately $180 million) between April 28 and May 4, financing these purchases through sales of both common stock (MSTR) and the new STRK preferred shares. To date, Strategy holds 555,450 BTC, roughly 2.6% of the total Bitcoin supply, valued at about $52.2 billion.

By leveraging AI in capital markets, Strategy aims to streamline product development and unlock novel financing structures. As AI continues to evolve, its integration into financial services may pave the way for more sophisticated, data‑driven securities—reshaping how companies raise capital and manage risk.