Michael Saylor, co-founder of MicroStrategy, revealed that he utilized generative AI, ChatGPT, in the process of designing the company's preferred stock issuance structure. Saylor referred to it as the first 'AI-designed security' in history during a live session. He explained that AI provided 80-95% of the necessary ideas for solving complex financial and legal issues, such as permanent dividend and permanent call option structures. He added, "We maximized the efficiency of capital market activities using AI, and the funds raised will be used for our continuous Bitcoin acquisition strategy."
