Michael Saylor reveals AI usage behind stock offerings

MicroStrategy (Nasdaq: MSTR) founder and executive chairman Michael Saylor revealed his experiments with artificial intelligence (AI) at the firm and discussed future trends in an interview on May 6. Saylor gave the examples of 10% Series A Perpetual Strife Preferred Stock (STRF) and 8% Series A Perpetual Strike Preferred Stock (STRK), the preferred stock offerings launched by MicroStrategy, that he says were designed with the help of AI. Both the STRF and STRK stocks offer investors exposure to Bitcoin through fixed-income instruments.Although AI doesn't provide immediate, 100% answers, it gives 80%-95% of the required response that he takes forward to his finance and legal teams, Saylor said.Saylor also discussed future trends in AI usage by companies. He said companies are going to create extraordinary products and services. There is going to be a 100-fold rise in productivity, and the world is going to produce more of everything and in every way than anybody could imagine, he said.In such a scenario, a private corporation will acquire more Bitcoin with more capital, and AI is going to purchase Bitcoin for the firm.If you are a company, you just want to figure out how your shareholders, customers, and employees benefit from this trend, he said.The explosion in productivity with "digital property and digital intelligence and digital labor" will create an explosion in demand for digital capital, and all of such trends are mutually beneficial, Saylor underlined.Strategy is the world's largest corporate Bitcoin holder that has 555,450 BTC on its balance sheet at the time of writing.As per Kraken's price feed, Bitcoin was trading at $95,023.13 at press time.