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Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
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Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge

Decrypt · Jun 19, 2026, 4:32 PM · Also reported by 4 other sources

The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.

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Also 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

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