Siebert Financial Corp, a financial services company cited in Nasdaq, will raise $100 million destined to invest in artificial intelligence (AI) and form a Treasury Ministry backed by Bitcoin (BTC), Solana (SOL) and Ethher (Eth).
Through a statement released yesterday on June 9th, the company announced that the U.S. Securities and Exchange Commission (SEC) had declared its presentation of the S-3 form. Funding through debt issuance.
“We’ve seen a lot of experience in the world,” explains John J. Gebbia, executive director of Siebert Financial. “It promotes additional access to capital needed to advance in key areas such as AI, digital assets and innovation that define the future of financial services.”
At this point, Siebert’s actions did not respond with great enthusiasm, as can be seen in the TradingView graph below.
Thus, Siebert adds to the booming trend: «Saylorization». As Cryptootics reports, more and more companies are adopting models designed by Michael Saylor, CEO of Strategy (formerly MicroStrategy) and acknowledging Bitcoiner Maximalist.
This strategy It consists of an aggressive accumulation of Bitcoin as a reserve assetfinancing through debt issuance. Therefore, the company can expand your holdings without relying on your operating income. In the case of Siebert, the specificity is not limited to Bitcoin, but cryptocurrency is also incorporated.
