Strive says digital credit selloff was a liquidation event, not a credit crunch
Latest developments: Digital credit products linked to Strategy’s Bitcoin-backed ecosystem suffered sharp declines last week before partially recovering. Strategy’s preferred stock financing vehicle, STRC, fell as low as $82.53 on Thursday before rebounding to around $90.50, according to Jeff Walton, Strive’s chief risk officer. Strive’s SATA fell to the low $90 range before recovering to […]
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