Michael Saylor Explains a Simple Theory of Digital Credit

CoinFeed reported on March 14th that Strategy founder Michael Saylor tweeted a simple explanation of the theory behind digital lending: 1. Acquire substantial appreciating capital (Bitcoin). 2. Issue credit (STRC) using this capital as collateral, with equity as over-collateral. 3. Realize a portion of the appreciating gains—either directly or through derivatives (MSTR)—to pay dividends.