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Home›Crypto›Market Structure›Bitcoin-backed preferred shares rebound after June sel…

Bitcoin-backed preferred shares rebound after June sell-off

BitcoinTreasuries.net says June was the first major stress test for Bitcoin-backed preferred shares, and Strategy's STRC and Strive's SATA recovered after a sharp sell-off.

Reported · Written up by our desk · Market Structure

Bitcoin Magazine says June marked the first major stress test for Bitcoin-backed preferred shares via BitcoinTreasuries.net.

The outlet reports Strategy's STRC and Strive's SATA rebounded after a sharp sell-off, pointing to confidence in the corporate Bitcoin financing model.

Latest closeBitcoin $63,168.34 ▲1.5%

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Sources

Bitcoin MagazineBitcoin’s New Debt Machine is Facing Its First Major Test

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