Michael Saylor, CEO of MicroStrategy, claims the company's "Stretch" variable rate perpetual preferred stock (STRC) was designed with AI. He described a multi-hour "back-and-forth" dialogue with an AI to conceptualize the product, aiming for a perpetual, monthly-paying, stable-at-100 instrument. The AI reportedly confirmed its legality and feasibility, stating it had never been done before. STRC has recently seen sharp declines, hitting a low of $82.7 before closing at $88.8.
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Blockchain Report
npub1cg…nmysr
2026-06-19 05:12:20 CEST
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-06-19 05:12:20 CESTEvent JSON
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"content": "Michael Saylor, CEO of MicroStrategy, claims the company's \"Stretch\" variable rate perpetual preferred stock (STRC) was designed with AI. He described a multi-hour \"back-and-forth\" dialogue with an AI to conceptualize the product, aiming for a perpetual, monthly-paying, stable-at-100 instrument. The AI reportedly confirmed its legality and feasibility, stating it had never been done before. STRC has recently seen sharp declines, hitting a low of $82.7 before closing at $88.8.\n\n#crypto #blockchain #news ",
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}