Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cryptoslate - are covering this story. TL;DR: The combined trading volume for STRC and SATA preferred shares exceeded $10 billion during the June turmoil. US firms Strategy and Strive led corporate Bitcoin acquisitions in June, adding a net of 3,625 BTC and 3,364 BTC respectivel…
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Bitcoin’s $10 Billion Credit Market Keeps Expanding Despite Its First Major Selloff
TL;DR: The combined trading volume for STRC and SATA preferred shares exceeded $10 billion during the June turmoil. US firms Strategy and Strive led corporate Bitcoin acquisitions in June, adding a net of 3,625 BTC and 3,364 BTC respectivel…
Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A new report from BitcoinTreasuries.net described the…