Strive CEO Matt Cole called June 19 the most difficult day in digital credit history as STRC fell to $82.50 and SATA dropped to the low 90s in a leverage

Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA.

Strive's SATA preferred stock saw a 215% trading volume surge to $53.1M after announcing daily dividends at a 13% annualized rate, backed by over 15,009