[Michael Saylor: STRC Designed with AI Assistance, Claims No Similar Product Has Been Launched Before] Odaily Planet Daily News – Strategy founder Michael Saylor stated that the company's variable-rate perpetual preferred stock STRC (Stretch) was designed with the assistance of artificial intelligence. Saylor mentioned that he spent hours discussing the product structure with AI and continuously validated the feasibility of different design proposals. He expressed the desire to create a preferred stock product that 'pays monthly dividends and maintains a stable price around $100,' and AI provided a specific implementation path. When asked whether there were any similar precedents, AI responded after retrieval that 'no one in history has done this before, but the plan is legal and feasible.' (CoinDesk)