Michael Saylor Boosts Yield, Says Strategy at Inflection Point

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.

“We are kind of in an inflection point we believe, our multiple of net asset value has been trending down over time as the Bitcoin asset class matures and the volatility decreases,” Saylor, the co-founder and chairman of the company ...