Digital credit market hit by record selloff as Strive CEO blames leverage liquidations

'Most difficult day in the history of digital credit': Strive CEO says leverage liquidation drove STRC and…

Strive CEO blamed STRC's crash to $82.53 and SATA's fall to $92.90 on leveraged liquidation, not credit deterioration. Treasury strategies leveraging perpetual preferred stocks for acquisitions face forced-selling cascades regardless of credit fundamentals.