Bitcoin Corporate Credit Market Draws New Entrants After June Selloff Hits Preferred Shares

Bitcoin’s corporate credit market, valued at more than $10 billion, is drawing new participants after a June selloff pressured leading preferred shares. According to NS3.AI, STRC fell to about $75 before rebounding to around $87, while SATA recovered to roughly $97. Metaplanet said it will conduct a joint study in Japan focused on tokenized credit instruments. The company has not provided an issuance date, and the final structure of any potential product has not been determined.