Michael Saylor’s Strategy (NASDAQ: MSTR) reported a blockbuster quarter with net income soaring to $2.8 billion and diluted EPS beating analyst expectations at $8.42. The company now holds 640,808 BTC valued at approximately $71 billion, making it the world’s largest corporate Bitcoin treasury.

Strategy raised $19.8 billion year to date to acquire more Bitcoin, maintaining a fully unencumbered balance sheet. Its Bitcoin per share metric rose to 41,370 satoshis, reflecting continued accumulation. The company sees its recent S&P B- rating as a gateway to larger institutional pools.

Strategy introduced a new financial model called “digital credit,” backed entirely by Bitcoin. The company’s suite of perpetual preferred securities aims to deliver tax-deferred dividends to investors. Executives believe digital credit is the “killer app” of digital capital, revolutionizing finance for the Bitcoin era.

The company plans to offer localized preferred offerings in Canada, Europe, and Asia, denominated in local currencies. Strategy sees vast global potential for its digital credit products, exploring opportunities across various regions. The goal is to launch Bitcoin-backed credit instruments denominated in pounds, euros, Canadian dollars, or Swiss francs.

Strategy’s innovative financial strategies and continued Bitcoin accumulation position it as a leader in the evolving landscape of digital finance. With a strong balance sheet and a focus on creating value for shareholders, the company is paving the way for a new era of digital capital and financial products.

Read more at Yahoo Finance: 5 things we learned from Michael Saylor’s Strategy earnings call