Bitcoin’s $10 billion credit market keeps growing after its first major selloff
The post Bitcoin’s $10 billion credit market keeps growing after its first major selloff appeared on BitcoinEthereumNews.com. Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A new report from BitcoinTreasuries.net described the downturn as the sector’s first meaningful stress test, offering an early measure of whether companies can reliably build financing structures around their cryptocurrency reserves. The selloff showed how quickly supposedly stable products can buckle when too much leverage piles in. Yet the market emerged bruised but operational. Dividend payments continued, secondary-market volumes reached record levels, and corporate treasuries kept adding Bitcoin to their balance sheets. That resilience has drawn praise from industry proponents and sustained interest from prospective issuers, which are advancing plans for new yield-paying pr