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Benzinga
Benzinga
Business
Ananya Gairola

Michael Saylor Says ChatGPT Helped Strategy Raise $15 Billion for Bitcoin Purchases: 'They Never Thought to Do It'

Michael Saylor Strategy ChatGPT Bitcoin Strategy Inc Nasdaq
Strategy Inc.

Strategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor said OpenAI‘s ChatGPT helped Strategy design a novel preferred stock structure that ultimately enabled it to raise roughly $15 billion to purchase additional Bitcoin (CRYPTO: BTC).

How ChatGPT Helped Strategy Design a New Bitcoin Funding Vehicle

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