STRC fell from the high eighties to $82.50, then bounced back to nearly unchanged on a sudden spike in volume.
Matt Cole of Strive argues that pattern points to forced selling of leveraged positions, not a broken instrument, and contrasts it with SATA, which traded on steady volume through the same week. A close look at how leverage, not credit, drove the move.
Host:
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- Laura Shin – Founder, CEO and Host of Unchained
Guest:
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- Matt Cole – Chairman and CEO of Strive
This clip is from a longer conversation on the stress in Bitcoin treasury digital credit. Full episode here.
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Sponsor:
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- Fidelity: Fidelity has been building in crypto and DeFi since 2014 — now they’re hiring. Explore career opportunities at one of the most forward-thinking names in finance here: https://crypto.fidelitycareers.com.
