According to PANews, Bill Pulte, the 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 terms, collateral coverage, BTC price, volatility, and annualized return expectations to generate statistical data on Bitcoin risk and credit spreads. The model is now available on the official website for users to try online.