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Strive says digital credit selloff was a liquidation event, not a credit crisis

CS
CoinDesk Staff
(08:14 PM UTC)
1 min read
EW
Verified byEmily Watson
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Latest developments: Digital credit products tied to Strategy's bitcoin-backed ecosystem suffered steep declines last week before partially recovering.

  • Strategy's preferred stock funding vehicle STRC fell as low as $82.53 on Thursday before rebounding to roughly $90.50, according to Strive Chief Risk Officer Jeff Walton.
  • Strive's SATA dropped into the low $90 range before recovering to about…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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