BlockBeats News, March 27 — According to Forbes, over the past six years, Michael Saylor has transformed Strategy (formerly MicroStrategy) from a little-known enterprise software company outside the industry into the world’s largest corporate Bitcoin holder, with over 762,000 BTC worth billions of dollars.
At the digital asset summit held yesterday in New York, Saylor discussed “digital credit” and regarded it as a core opportunity. He introduced STRC (nickname “Stretch”), a preferred stock product positioned by Strategy as a unique tool in the crypto space: a low-volatility, high-yield asset designed to be included in fixed-income portfolios. Saylor mentioned that this product has an 11.5% yield, approximately 2% volatility, and a Sharpe ratio close to 4. The product has a nominal scale of $5 billion, with an average daily liquidity of $224 million, already reaching institutional trading levels.
He stated afterward, “Digital credit is the most attractive lending tool in the world. If you can create a product with a Sharpe ratio of 4, it should be in every investment portfolio.”
Meanwhile, institutional funds are flowing back into Bitcoin through regulated channels, with the US spot ETF experiencing its longest net inflow cycle of the year. However, currently, the proportion of crypto assets in US managed wealth remains below 0.5% — and Saylor is working to bridge this gap. For yield-seeking investors, a tool that uses Bitcoin as collateral, with bond-like volatility and double-digit returns, opens a new investment narrative.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Galaxy Research Chief: U.S. OFAC Sanctions List Involves 518 Bitcoin Addresses
The U.S. Treasury's OFAC sanctions list includes 518 Bitcoin addresses that have significantly engaged in crypto transactions, currently holding about 9,306 BTC valued at $707 million, highlighting the relationship between cryptocurrency and financial regulation.
GateNews3m ago
Bitcoin Swings on Hormuz Strait Reports, Triggering $762M in Liquidations
Bitcoin rose to $78,000 but dropped to $76,091 following reports of tensions in the Strait of Hormuz. Iran's actions triggered $762 million in liquidations among traders, with implications for crypto markets as Iran accepts payments in bitcoin and other currencies to navigate sanctions.
GateNews1h ago
Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement
Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.
GateNews13h ago
BTC breaks below 76000 USDT
Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.
CryptoRadar14h ago
Goldman Sachs Files Bitcoin Income ETF Using Options Strategy
Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.
CryptoFrontNews15h ago
Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January
Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.
GateNews16h ago
