Michael Saylor, executive chairman of Odaily Strategy (formerly MicroStrategy), said that the company’s latest issuance of STRF (Series A Perpetual Strife Preferred Stock) preferred stock may be the first security product designed by artificial intelligence, which is designed to raise funds for further Bitcoin purchases, providing a fixed cash dividend of 10% per annum. If not paid, interest will compound at an additional rate of 1% per annum, up to a maximum of 18%. Michael Saylor highlighted that STRF’s design incorporates the application of artificial intelligence in financial engineering to optimize the capital structure and enhance investor returns. He believes that this marks the first major breakthrough in the field of artificial intelligence in the field of securities design. （The Block）
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