STRC & SATA Digital Credit Could Be $3T Market, Strive CEO Echoes Michael Saylor

Bitcoin treasury companies Strategy (MSTR) and Strive (ASST) are calling STRC and SATA’s perpetual preferred stocks “digital credit.” Strive CEO said digital credit could become a $3 trillion market, aligning with Strategy’s executive chairman Michael Saylor’s statement.

Digital Credit Is $3 Trillion Market: Strive CEO Matt Cole

In a Bloomberg Crypto interview, Strive CEO Matt Cole discussed how digital credit market could grow to $3 trillion, becoming bigger than spot ETFs. I also talked about STRC and SATA perpetual preferred stocks representing a substantial part of the global credit market.

The global credit market stands at almost $300 trillion. Strive CEO claimed that digital credit capturing even 1% would create a $3 trillion opportunity and send Bitcoin price to $1 million.

He believes spot Bitcoin ETFs will also expand drastically, but there is high demand for digital credit from income-focused investors. He anticipates an increase in digital credit products beyond STRC and SATA globally.

SATA stock is trading below par at $96.15 in premarket hours on Wednesday. The perpetual preferred stock closed 2.90% lower at $94.50. However, trading volume was higher than the average of 403K.

As CoinGape reported earlier, Strive CEO weighed on abolishing Bitcoin capital gains tax provisions in the U.S. Matt Cole supported that such a move would have a major impact on the usage of Bitcoin in everyday transactions.

Strategy’s Michael Saylor Says STRC Is Income for Bitcoin Investors

Michael Saylor took to X on June 24, and said “Digital Credit is income for investors who believe in Bitcoin.” This comes as Strike CEO Matt Cole agreed with him on a massive trillion-dollar opportunity in digital credit.

Saylor also cited a chart showing higher effective yields of Strategy’s preferred products STRD, STRK, STRC and others against traditional credit ETFs. These dwarfed benchmarks like JNK high-yield bonds at 6.52%, PFF preferred stocks at 5.40%, and others in the 3-6% range.

STRC stock closed 1.67% lower at $87.31 on Tuesday, after recovering from $82.53. Strategy CEO Phone Le revealed he purchased $1 million in STRC and “will hold it until it reaches par, likely longer.”

Meanwhile, Bitcoin price jumped above $62,805, rebounding from the key 200-WMA support level. The rise comes as the US Senate passed resolution to end Iran war, limiting Donald Trump from deploying military without congressional approval.