Market Trends & Volatility - Crypto market experiences a selloff, with Bitcoin falling below $90,000, highlighting its volatile nature [1] - Industry anticipates natural deleveraging of Bitcoin, occurring roughly every six months to a year [1] Business Strategy & Credit Markets - Company's business model involves issuing digital credit backed by Bitcoin [2] - Company generates capital by selling credit instruments, such as $130 million in treasury credit (stretch STRC) and $700 million in European credit instrument (stream STRE) [3] - Credit instruments offer dividends, potentially at 10% at par, powered by Bitcoin [3] - Bitcoin purchases are driven by the capital acquired from selling credit in the credit markets [4]

Today, Bitcoin falling to its lowest level since May as a broad crypto sell-off takes hold and Corey Clipsson of Swan Bitcoin weighs in on what's in store for crypto prices through year end. Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos.Major cryptocurrencies under pressure to end the week. As of noon Eastern, Bitcoin fell to just under $97,000, but at one point it sank as low as 95,000. Ether and XRP, they both fell nearly 3%.Now, concerns surrounding Wall Street's AI trade have mounted this week ...