Golden Finance reported that Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), posted an update on the X platform, clearly stating that Strategy holds a leading position in the Bitcoin-backed fixed-income market.
In recent years, Strategy has been making continuous moves in the Bitcoin field. It raises funds through a series of financing methods, including issuing convertible bonds, preferred stocks, etc., for large-scale purchase of Bitcoin. Previous data shows that the amount of Bitcoin held by Strategy has continued to rise, reaching a market value of several billion dollars, which has laid a solid foundation for it in the related fixed-income market.
Saylor has always been a firm supporter of Bitcoin. He believes that Bitcoin has characteristics such as anti-inflation and decentralization, making it an excellent store of value and investment target. Based on this concept, Strategy actively innovated and launched fixed-income products linked to Bitcoin, attracting many investors who sought stable returns and were optimistic about the long-term prospects of Bitcoin.
In the context of market volatility, Strategy has stood out in the Bitcoin-backed fixed-income market by leveraging its advantage in Bitcoin reserves and its capabilities in the design and operation of fixed-income products. However, as market competition intensifies, other institutions are also exploring similar businesses. Strategy still needs to continuously enhance its own competitiveness to maintain its leading position. Its subsequent layout and development in the market will continue to attract high attention from investors and the industry.
Related Topics:
