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Strategy founder and Executive Chairman Michael Saylor proposed at ParaFi Investor Day a digital currency pegged to USD, supported by Bitcoin underlying capital, and offering annualized returns 6%to 8%. The proposal has not disclosed an actual issuance plan.
Reposted by PANews Michael Saylor A long-form article about digital credit issuers mutually reinforcing one another and sharing a common capital base.
Michael Saylor says the Bitcoin bull market has only just begun, and believes that 2035 years ago was still an important stage of development; his views mention ETF, corporate treasuries, and credit as driving factors.
X account @phongle posted: “Innovation in digital assets and digital credit will accelerate as more capital and more participants enter the market. Everyone wins.”
Strategy CEO Phong Le said the company wants to develop products, build markets, and provide liquidity around Bitcoin, while continuing to accumulate Bitcoin over the long term and maintaining flexibility in capital allocation.
