Market Dynamics - Crypto market experiencing a selloff, with Bitcoin falling below $90,000 [1] - Bitcoin is a volatile asset, and anything can happen before the end of the year [1] - Natural deleveraging of Bitcoin asset happens every six months to a year [1] Business Strategy - Company issues digital credit backed by Bitcoin [2] - Company sold approximately $130 million worth of treasury credit (stretch STRC) [3] - Company sold approximately $700 million worth of European credit instrument (stream STRE) [3] - Credit instruments pay dividends, potentially at 10% at par [3] - Bitcoin buys are driven by the credit markets [4] - Capital acquired from selling credit is used to buy Bitcoin [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 ...