Michael Saylor: Strategy Digital Credit Tool performed better than bitcoin over the past year and financial engineering reduced downside risk

On 16 August, the founder of Strategy, Michael Saylor, stated that bitcoin had fallen by 47 per cent over the past year, while Strategy ' s digital credit instrument had shown a decline of between 27 per cent and an increase of 9 per cent over the same period, of which the StRC had increased by 9 per cent. Financial engineering can transform more volatile “digital capital” into financial instruments designed to provide returns, stability and lower downside risk。