{
  "id": 17187242,
  "title": "Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity",
  "url": "https://urgent.news/2026/10/30/strategy-eyes-more-bitcoin-buys-as-saylor-touts-30b-credit-capacity",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T05:53:07.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/strategy-30-billion-digital-credit-capacity-bitcoin-buys"
  },
  "original_language": "en",
  "account": "Michael Saylor, the executive chairman of Bitcoin treasury company Strategy, has revealed that the firm could potentially generate up to $30 billion in digital credit without needing to raise new common-stock or see further Bitcoin price growth. This capacity to create digital credit is based on the company's existing balance sheet, according to Saylor, during the third-quarter earnings call. He emphasized that this could be achieved through various amounts such as $10 billion, $20 billion, or even the full $30 billion.\n\nStrategy's CFO and CEO, Phong Le, confirmed that digital credit issuance would be the primary method for acquiring more Bitcoin, replacing convertible debt and common-share sales as the main funding source. If Strategy issues between $1 billion and $2 billion in a month via its STRC preferred shares, a significant portion could be kept in dollar reserves, while the rest would be spent on Bitcoin. The company reported a net income of $19.53 billion for the third quarter, largely due to a $20.91 billion gain in the value of its digital assets. As of Oct. 25, Strategy's Bitcoin holdings had grown to 848,517 BTC, marking a 26% increase year to date.\n\nIt's important to note that the $30 billion figure represents a possible capacity for digital credit creation, rather than an announced fundraising target. In a related development, Strategy skipped Bitcoin purchases in favor of spending $205 million on repurchasing its STRC preferred shares.",
  "summary": "Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}