Despite STRC and SATA, the preferred stocks of Bitcoin acquisition companies (DATs) Strategy (MSTR) and Strive (ASST), falling below their par value of $100 in June, their combined monthly trading volume reached an all-time high of $10 billion. According to Cryptopotato, the trading volumes for STRC and SATA during that period were $8.7 billion and $1.5 billion, respectively. In STRC's case, it increased by 20.8% compared to the previous month (May, $7.2 billion) and by 11.5% compared to April ($7.8 billion). The media explained, "As Bitcoin fell below $60,000 in June, STRC dropped to $75 and SATA to $97." It added, "Despite this volatility, these preferred stocks showed relatively stable performance. This demonstrates that investor interest in Bitcoin-backed preferred stocks remains strong even with increased market volatility."
