POPA ReconCrypto treasury preferreds trading volume surged sharply in 2026 to ~$13B in June
Crypto treasury preferreds trading volume surged sharply in 2026 to ~$13B in June This was led by Strategy's STRC and new listings that have matured the once-niche market into a liquid, evergreen asset class, with the trend now extending to traditional firms like Alphabet ($80B+ AI raise) and Super Micro Computer ($7B AI raise) using convertible preferreds for scalable financing https://parafi.com/signals/crypto-treasury-preferred-volume
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