Bitcoin’s New Debt Machine is Facing Its First Major Test
Bitcoin Magazine Bitcoin’s New Debt Machine is Facing Its First Major Test BitcoinTreasuries.net says June marked the first major stress test for Bitcoin-backed preferred shares, with Strategy's STRC and Strive's SATA rebounding after a sharp sell-off, reinforcing confidence in the growing corporat
Source: Bitcoin Magazine
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DW NOTE
Strategy and Strive added 7,000 of the 7,300 net Bitcoin acquired by all public treasuries in June. That is not broadening adoption — that is two firms with preferred share debt machines running full throttle while everyone else watches. The "stress test" was a sell-off in those same preferreds, which rebounded. One month of recovery does not validate a financing model; it validates that June had buyers.