Strive CEO Describes Recent Digital Credit Turmoil as Toughest Day Yet for Sector, Blaming Leveraged Liquidations
The nascent digital credit market endured one of its most volatile sessions on Thursday as two prominent preferred equity instruments tied to Bitcoin treasury companies saw sharp intraday price swings. Strategy’s (NASDAQ:MSTR) STRC and Strive’s (NASDAQ:ASST) SATA both traded well below their typical levels near… Read More
Read more in: Blockchain & Digital Assets | Tagged digital credit, mstr, sata, strc, strive