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ChatGPT Helps Strategy Raise $15 Billion for Massive Bitcoin Purchases

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Strategy's Executive Chairman Michael Saylor has revealed that artificial intelligence (AI) tool ChatGPT played a significant role in helping the company develop new financing structures for its massive Bitcoin purchases.

Saylor said on The Diary of a CEO podcast with Steven Bartlett that using ChatGPT helped him make around $15 billion through preferred stock and other capital markets offerings.

The company has raised about $65 billion in total, with most of the proceeds used to acquire Bitcoin. Strategy currently holds 842,138 BTC, making it the world's largest corporate holder of the cryptocurrency.

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