TLDR
Contents
TLDR
Strategy uses AI to design preferred stocks
ChatGPT helps optimize dividend structure
Financing scale reaches approximately US$15 billion
Strategy revenue fell short of expectations
Get 3 free stock e-books
Michael Saylor said ChatGPT helped Strategy design a new preferred stock structure to support its purchase of Bitcoin.
Strategy reportedly issued approximately US$15 billion in credit instruments through this financing method.
The structure includes STRK convertible preferred shares and a variable monthly dividend mechanism.
Saylor said Strategy turned to ChatGPT after relying heavily on equity issuance and convertible bonds.
Strategy raised approximately $8.41 billion in the second quarter and raised another $1.28 billion before July 26.
Strategy co-founder Michael Saylor said ChatGPT helped the company design a new preferred stock structure that provided approximately $15 billion in funding for the purchase of Bitcoin.
On the "The Diary of a CEO" podcast, Saylor said Strategy turned to OpenAI's ChatGPT after traditional financing channels became difficult to use. The company has previously relied on equity sales and convertible bonds to fund its growing Bitcoin purchases.
Strategy uses AI to design preferred stocks
Saylor said Strategy needed a security somewhere between common equity and debt. He uses ChatGPT to test different preferred stock structures and review ideas related to finance, securities law and digital assets.
This process ultimately led to the birth of STRK, a convertible preferred stock linked to the Strategy Bitcoin program. Saylor said lawyers and investment bankers had never seen similar precedents before the company introduced the structure to investors.
ChatGPT helps optimize dividend structure
Saylor said ChatGPT also helped shape a variable monthly dividend system. The company designed the mechanism to help keep the security's price near its $100 face value over time.
He added that artificial intelligence prompted teams to consider options that traditional consultants had not proposed. When asked which model was used, Saylor confirmed in a podcast interview that it was OpenAI's ChatGPT.
The financing volume reached approximately US$15 billion
Saylor said the financing tool raised approximately US$2.5 billion on its initial offering. Strategy subsequently completed additional issues, issuing a total of approximately $15 billion in credit instruments.
During the quarter ended June 30, Strategy raised approximately $8.41 billion in total earnings. Subsequently, between July 1 and July 26, 2026, the company raised another US$1.28 billion.
The company continues to use preferred securities to support its purchase of Bitcoin.
Strategy revenue fell short of expectations
Strategy last month reported second-quarter revenue of $122.39 million. The figure was slightly lower than analysts 'consensus forecast of $122.91 million.
Strategy shares closed at $96.85 on Thursday, down 1.55%. Subsequently, as investors reviewed the company's financing activities and Bitcoin strategies, the stock rose 0.31% to $97.15 in pre-market trading on Friday.

Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC