Strive proposes pause on $SATA issuance at $100 floor
The Bitcoin-treasury firm is testing whether holders want a cooldown on further minting while price holds the launch level, a vote that reads on its tokenomics as much as on price.
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The Bitcoin-treasury firm is testing whether holders want a cooldown on further minting while price holds the launch level, a vote that reads on its tokenomics as much as on price.
STRC and SATA absorbed roughly $1.1B in a single session; Strive says the depth of that trading, not the drawdown, is the proof point for a maturing asset class still chasing a $300T credit market.
STRC and SATA sold off as leverage liquidations cascaded, and the CEO's own framing — not the dollar move — is the signal that investors should sit with.
STRC and SATA both cut roughly 10% from par before rebounding — but the intraday round-trip suggests forced selling from margined carry trades, not a real credit break, with double-digit yields…