Crypto

Michael Saylor calls bitcoin 'digital energy' as Strategy capital structure draws attention

Strategy Chairman Michael Saylor reiterated that bitcoin can be used as an asset supporting corporate credit and capital structure. He said bitcoin’s key innovation is digitising “economic energy” and binding it securely to individuals, families, companies, machines and nations. Strategy has expanded from accumulating bitcoin to raising funds and designing capital structures based on it, while also growing a “digital credit” business through perpetual preferred shares.

Crypto

Economist Peter Schiff says AI not a boon for Bitcoin but a risk factor

Economist Peter Schiff rejected the view that the spread of artificial intelligence will benefit Bitcoin, arguing instead it could become a threat. He said AI could draw speculative money away from Bitcoin and compete with the Bitcoin network for electricity and data centre infrastructure. He also raised security concerns that advanced AI could find vulnerabilities in Bitcoin software or cryptography. Schiff repeated his criticism of Bitcoin and urged selling it to buy gold.