According to PANews, Bill Pulte, director of the Federal Housing Finance Agency, stated that the agency is exploring how to account for cryptocurrency holdings in mortgage qualification requirements.

Michael Saylor responded by stating that his team has developed a BTC credit model that takes into account loan duration, collateral coverage, BTC price, volatility, and annual yield expectations to generate statistical data on Bitcoin risk and credit spreads. The model is now live on the official website, and users can try it online.