Strategy says $30B in digital credit could fuel its next Bitcoin shopping spree 🪙

Bitcoin treasury company Strategy is eyeing more Bitcoin purchases financed through preferred-share offerings, with executive chairman Michael Saylor saying the company could create as much as $30 billion in digital credit. During Strategy’s third-quarter earnings call, Saylor said the capacity could be generated using its existing balance sheet, without an additional common-stock capital raise or further Bitcoin price appreciation. “We could create $10 billion, $20 billion, $30 billion of digital credit,” Saylor said.

The potential financing would build on Strategy’s use of preferred shares such as STRC to fund Bitcoin accumulation rather than relying primarily on convertible debt or common-share sales. CEO Phong Le said issuing digital credit would be the main method for acquiring more Bitcoin. “The primary way to acquire Bitcoin is by issuing digital credit,” Le said.

Le said that if Strategy raised $1 billion to $2 billion in a month through STRC, it could place some proceeds into dollar reserves and use the rest to buy Bitcoin. The company reported $19.53 billion in third-quarter net income, driven largely by a $20.91 billion gain in the value of its digital assets.

Strategy’s Bitcoin holdings reached 848,517 $BTC as of Oct. 25, up 26% year to date. Saylor described the $30 billion figure as possible financing capacity rather than an announced fundraising target.