Digital credit
Glossary · The three layers Thesis
Paper claims on a company with bitcoin somewhere underneath. Strategy and Strive sell preferred shares for cash, or issue common stock, and buy bitcoin with the proceeds. The coins are not pledged, but a stack of claims now sits above the common.
Digital credit is here. We cover it closely and we do not endorse it. Our side: it is fragility, not a flywheel.
Coverage
- Aug 11STRATEGY NAMES DIGITAL CREDIT AS A NEW ASSET CLASS
- Jul 17TOKYO STACKS THE RAILS — METAPLANET, JPYC, PROGMAT BUILD DIGITAL-CREDIT WHILE FE...
- Jul 1Metaplanet builds the apex Bitcoin-native credit factory
- Aug 13SAYLOR NAMES THE STACK — BITCOIN IS DIGITAL CAPITAL. STRC IS DIGITAL CREDIT. STABLECOINS ARE THE TRANSACTIONAL END.