Michael Saylor Counters Concerns Over Index Exclusion: 'Strategy is Not a Fund'

On the 22nd, Michael Saylor, Chairman of Strategy Corp, addressed concerns about the potential exclusion of his company from major stock indices on platform X. Saylor emphasized, 'Strategy is neither a fund, a trust, nor a holding company. It is a publicly traded operating company with a $500 million software business, utilizing Bitcoin as productive capital in its unique financial strategy.'

This year alone, he noted that the company has completed five digital bond issuances, raising over $7 billion in total. Furthermore, Strategy Corp has launched a Bitcoin-backed financial credit product, 'Stretch (STRC)', offering institutional and individual investors variable monthly USD yields...