STRC, SATA June trading volume reaches 10 billion despite price decline

The combined trading volume for STRC and SATA, preferred shares of Bitcoin-buying firms Strategy (MSTR) and Strive (ASST), hit a record 10 billion dollars in June. STRC's trading volume was 8.7 billion dollars, while SATA's was 1.5 billion dollars. STRC's volume increased by 20.8% from May's 7.2 billion dollars and rose 11.5% from April's 7.8 billion dollars. Despite Bitcoin falling below 60,000 dollars in June, STRC dropped to 75 dollars and SATA to 97 dollars. The preferred shares demonstrated relative stability, indicating strong investor interest in Bitcoin-backed preferred stock amid market fluctuations.

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