STRD Credit Spread Tightens Amid Bitcoin Volatility: Demand Boost?
The credit spread for Strategy's STRD has tightened over the past month, even as Bitcoin faces headwinds. According to reports, the narrowing spread between STRD yields and the 10-year U.S. Treasury may indicate increased demand for the preferred stock. This development suggests a potential shift in investor sentiment towards STRD, despite broader market uncertainties in the cryptocurrency space. The tightening spread could be interpreted as a sign of confidence in STRD's stability or potential for growth, relative to the benchmark Treasury yield.
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