business
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
Read full story on Decrypt → More top storiesAlso covered by
Yahoo Finance
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
Yahoo Finance
Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling
CoinDesk
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
Bloomberg Markets
Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears
Aggregated and edited by the Scoop newsroom. We surface news from Decrypt alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop