Michael Saylor: STRC Was Co-Designed by Me and AI (Historical Video) Michael Saylor, founder of Strategy, @saylor, stated in a CoinDesk interview on December 20, 2025, that treasury credit instruments like STRC (Stretch) were almost co-designed by him and AI. He mentioned spending hours discussing product structures with AI, aiming to design a monthly preferred stock with a stable price of 100. Saylor said that AI told him no one in history had created a similar product, but this design is "completely legal and entirely reasonable." Recently, STRC's de-pegging has sparked ongoing community attention, with the stock once dropping to $82.7 and closing at $88.8. Source: CoinDesk