Strategy is "not a fund, not a trust, and not a holding company." He described the firm as a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital. Saylor highlighted the company's recent activity, including five public offerings of digital credit securities - $STRK, $STRF, $STRD, $STRC, and $STRE - representing over $7.7 billion in notional value.
Michael's legal career started at Cadwalader, Wickersham & Taft, the oldest law firm in the U.S. He joined their real estate finance group after graduating from Boston College Law School in 2002. The timing was important-he entered the industry just before the real estate boom of the mid-2000s. "Cadwalader was fast-paced and full of very smart people. I had to learn quickly how to manage complex deals," he recalls.