Saylor Credits AI with Uncovering $15B in Capital
Strategy's founder Michael Saylor says his company used artificial intelligence (AI) to design a financial product that unlocked roughly $15 billion in capital. He credits ChatGPT with helping Strategy create this milestone, which he believes demonstrates how AI is changing business just as profoundly as Bitcoin changed digital ownership.
Saylor tied AI and Bitcoin together as future digital capital tools, expecting their adoption to accelerate over the coming years. He described AI as a tool for solving problems that traditional finance had never encountered, saying 'Bitcoin is digital capital. AI is digital intelligence.' Together, they are reshaping business, markets, work, and long-term wealth.
Saylor's biggest claim centered on Strategy's effort to continue raising capital after exhausting more traditional financing options. The company had already become one of the world's largest issuers of convertible bonds to fund additional Bitcoin purchases. However, this approach eventually reached its practical limits. Rather than abandon its strategy, Saylor said the company turned to ChatGPT to explore an entirely new type of financial security.