BlockBeats News, November 21st, Michael Saylor responded to the risk of global financial index company MSCI potentially removing Strategy (MSTR) from its stock index: Strategy is not a fund, not a trust, nor a holding company, but a publicly traded operating company with a $500 million software business, while executing a unique treasury strategy—using Bitcoin as productive capital. It has already completed five public issuances of digital debt securities this year—STRK, STRF, STRD, $TRC, and STRE—with a total notional value exceeding $7.7 billion. It has also launched Stretch (STRC), a revolutionary Bitcoin-backed treasury credit instrument, providing variable monthly USD yield to institutional and retail investors, where funds and trusts merely passively hold assets.
Strategy is the creator, structurer, issuer, and operator. The team is building a new form of enterprise—a Bitcoin-backed structured finance company, able to continue innovating in both the capital markets and software fields simultaneously. No passive investment vehicle or holding company can do what we are doing. Index categorization cannot define us. Strategy’s approach is long-term, with unwavering belief in Bitcoin and a mission that has never wavered: to build the world’s first digital currency institution on the foundation of sound money and financial innovation.
