Strategy's Preferred Stock Meltdown and Japan's Rate Hike Test

Chain Reaction by Capital Copilot · Jun 21, 2026 · 3m · transcript

This episode of Chain Reaction dives into Strategy's STRC preferred stock plunging seventeen percent below par amid margin calls and cash reserve concerns, while Bitcoin holds near sixty-four thousand dollars despite Japan's highest interest rate in three decades. We examine the ten billion dollar Bitcoin-backed yield market under stress, one of Ethereum's biggest MEV bots losing seven point five million dollars in an ironic exploit, and Morgan Stanley's ultra-low fee Ethereum and Solana ETF filings challenging competitors. Plus, we cover Texas Governor Abbott's directive to shift AI data…