What Happened?
Strategy stated at an event that AI plays a key role in the company’s business, with founder Michael Saylor even employing AI deep research models to assist in decision-making. AI also plays an indispensable role in the financial product design process at Strategy.
This year, Strategy launched two AI-designed preferred stock products, “Strife” and “Strike,” with Saylor indicating that these are among the first AI-designed securities in the industry. Additionally, Strategy announced the launch of its first data analysis product created using generative AI, “Mosaic.”
AI Boosts Strategy’s Bitcoin Reserve Growth
Michael Saylor, founder and executive director of Strategy, stated at a recent event that AI has played a vital role in the company’s financial innovation. AI technology helps the company design a variety of financial products, enabling Strategy to have ample funds and the capacity to hold a large Bitcoin reserve.
From basic text editing to creating complex financial models, Strategy collaborates with AI. When developing innovative financial products, Saylor mentioned that he also uses AI to analyze data. He explained that he employs AI’s “deep research mode,” allowing it to consult 50 data sources and conduct a 15-minute analysis. Although such AI analysis results may not immediately provide concrete answers, they can still deliver 80% to 95% of the information needed to assist Saylor in decision-making.
Furthermore, he noted that since the implementation of the company’s Bitcoin strategy, its stock price has surged significantly, outperforming all companies in the S&P 500 index and even surpassing NVIDIA for a period. This success is attributed to the assistance of AI.
First Batch of AI-Designed Convertible Preferred Stocks
Earlier this year, Strategy launched two AI-designed preferred stock products, “Strife” and “Strike.” Saylor stated that, to his knowledge, these are the first AI-designed securities in the industry.
According to reports from foreign media, one of the goals of these stocks is to raise funds for the company’s Bitcoin acquisitions. The plan aims to raise $8.4 billion, dividing this amount equally into equity and debt. Strife (STRF) and Strike (STRK) offer annualized yields of 13% and 10%, respectively, and both represent innovative forms of stock issuance different from traditional methods.
In addition to the stocks, Strategy CEO Phong Le also announced the launch of a data analysis product named “Mosaic” at the event, marking the company’s first product created using generative AI. Mosaic emphasizes liberating data from the control of intermediary institutions and returning control to the data creators. In other words, this product can help companies avoid the cumbersome implementation processes of traditional data warehouses, allowing them to access their latest data in real-time without relinquishing control to third parties. After all, most enterprises typically choose to store data in data centers operated by external cloud service providers.
Strategy is adept at leveraging technology to drive financial innovation. As Saylor advises companies looking to transform: break free from traditional thinking and defy conventions. He believes that continuously seeking new methods is essential to meet future challenges.
Source: Decrypt, The Block