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Bitcoin credit spread for Strategy's preferred stock narrows to 59 basis points, signaling market confidence.

Market News
02 Nov 2026, 16:52 WIB
Tokenpost
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Neutral
Bitcoin credit spread for Strategy's preferred stock narrows to 59 basis points, signaling market confidence.

Michael Saylor, Executive Chairman of Strategy, reported that the modeled Bitcoin credit spread for the company's STRC preferred stock narrowed by one basis point to 59 basis points. This calculation was based on Bitcoin priced at $76,700, with assumptions of a 10% annualized return and 40% volatility. Additionally, Strategy's dollar duration was noted at 3.3 years. This narrowing spread suggests increased market confidence in the preferred stock's credit risk relative to Bitcoin's performance.

Michael Saylor's Strategy STRC Bitcoin spread is noted here for context. For readers following cryptocurrency markets, Pluang data shows 6 of 50 major cryptocurrencies rose and 43 fell as of Nov 02, 2026 22:01 WIB. Key movers include GRT at Rp358 with a -3.04% change, EGLD at Rp60.788 down 3.02%, and ZIL at Rp33 down 2.86%.

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