Michael Saylor’s Strategy is setting its sights on the S&P 500 as it pushes forward with plans to launch Bitcoin-backed credit products across international markets.
Strategy Lays Global Groundwork for Bitcoin Credit Issuance
The firm’s leadership has confirmed that groundwork is underway to issue credit securities tied to Bitcoin and other digital assets in overseas markets. According to President and CEO Phong Le, the firm is establishing regulatory frameworks in multiple jurisdictions to support these offerings.
“We’re actively preparing for the rollout of Bitcoin and digital-asset-backed securities internationally,” Le said, describing the initiative as a key step toward Strategy’s goal of becoming “a dominant global credit issuer.”
This move comes amid growing institutional acceptance of BTC as a treasury and yield-generating asset.
For the first nine months of 2025, the company reported operating income of $12 billion. This is a turnaround from a $0.8 billion loss during the same period last year. Net income soared to $8.6 billion from a $0.5 billion loss, while earnings per share jumped from -$2.71 to $27.71.
The company’s balance sheet shows that the firm manages around $689 million in annual dividend and interest obligations. Preferred shares and non-cumulative securities are the main sources of this. Its $8.2 billion in convertible bonds, on the other hand, have a low blended interest rate of 0.421%, demonstrating effective capital management.
S&P Global Ratings acknowledged the firm’s commitment in its latest assessment, which awarded the firm a B- credit rating.
As CoinGape previously reported, Market analyst Adam Livingston criticized the rating as “outdated.” He argued that traditional credit models fail to recognize the unique collateral structure behind the firm’s Bitcoin-focused approach.
Michael Saylor Outlines Strategy’s Growth Trajectory
Despite experts’ rebuttal, Michael Saylor remained confident that the rating marks a growth phase in its aim to bring traditional finance to crypto-based credit.
“Strategy has built over $71 billion in transparent, scalable, and homogeneous collateral,” Saylor said. “This foundation allows us to be the leading issuer of digital credit, offering investors a diverse range of yield instruments with superior returns compared to conventional credit.”
He added that the S&P recognition will help expand the firm’s investor base and drive greater BTC amplification for shareholders.
Beyond credit markets, the company remains deeply committed to its Bitcoin accumulation. Earlier this week, the Strategy made another purchase of 390 BTC worth $43 million at an average price of $114,562 per coin.
Saylor has frequently emphasized that Bitcoin’s performance continues to outpace leading tech stocks, including the so-called “Magnificent 7.” His recent market commentary highlighted the coin’s influence on corporate balance sheets.
