Bitcoin-backed preferred shares STRC and SATA shattered records with combined trading volumes topping 10 billion dollars in June as BTC plunged and dragged both below the 100 dollar par line π€
According to BitcoinTreasuries.net data Strategy’s STRC alone clocked 8.7 billion while Strive’s SATA added 1.5 billion amid the dip near 57,000 dollars.
June Trading Sets New Preferred Stock Record π
BitcoinTreasuries latest corporate adoption report shows that STRC’s 8.7 billion marked a 20.8 percent leap from May’s 7.2 billion and sat 11.5 percent above April’s 7.8 billion reaching over 52 percent higher than March volumes after a quiet start.
Strat egy volumes had already hit 2.2 billion in February before surging 159.1 percent in March with January at 2.4 billion and December 2025 closing at 1.2 billion.
The aggregator flagged June as the first real stress test for these digital credits once STRC and SATA slid below par from June 18 onward with margin calls forcing leveraged traders to unwind after months hovering near par.
Strategy Strive Metaplanet Lead in Issuer Confidence πΈοΈ
After BTC breached below 60,000 STRC clawed back to roughly 87 dollars by July 2 from a low of 75 while SATA held near 97. A BTN survey revealed investors stayed firm with over half unconcerned by the drop and 84 percent refusing to sell either name during the slide while 52 percent actually scooped up shares post June 18.
The survey noted Strategy holds 847,363 BTC bought at an average 75,651 dollars framing the dividend as a cash flow matter rather than solvency risk. No issuers missed payments or saw credit shifts since mid June.
Respondents eyed Strategy for the biggest future issuance expecting between 10 billion and 30 billion dollars by end of 2027 followed by Strive at 2 billion to 5 billion then Metaplanet Smarter Web Company and Bitmine. 78.4 percent ranked Strategy most promising 74.5 percent picked Strive second and 49 percent chose Metaplanet third.
Just another echo from the void by iconofsin.eth π