Cryptocurrencies

Michael Saylor Boosts Yield, Says Strategy Is at an ‘Inflection Point’

Strategy co-founder and chairman Michael Saylor

Photographer: Ronda Churchill/Bloomberg

Michael Saylor is raising the stakes for almost everyone that is touched by his multibillion dollar bet on Bitcoin.

The head of the digital asset treasury firm Strategy Inc. is boosting the yield on the preferred shares that he’s designated as the company’s primary source of funding going forward to help shore up faltering demand and keep the gambit going.