Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin's $10 billion corporate credit market weathered its first major stress test in June when preferred shares from Strategy and Strive plummeted below par value amid leverage unwinding. Despite margin calls and liquidations, dividends continued flowing and secondary trading hit records. Corporate treasuries kept buying Bitcoin, signaling market resilience and attracting new issuers planning Asia-Pacific expansion.
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