Strive CEO: No Liquidation Risk for Its Bitcoin Holdings
The post Strive CEO: No Liquidation Risk for Its Bitcoin Holdings appeared on BitcoinEthereumNews.com. Cole stated Strive will not sell its Bitcoin even if the price hits a penny. The company is focusing on maximizing yield through careful capital management. Cole confirmed Strive has almost 20k BTC, reminding that it had only 5k BTC last fall. On July 7, Matt Cole, CEO of Strive, said during an interview that the company’s Bitcoin treasury strategy is designed to withstand even an extraordinarily severe bear market. He specifically stated that Bitcoin can go down to a penny and sit there for 18 months, and the company would do nothing. Cole says Strive will be fine and won’t have to sell a single BTC. In his own words: “There is no price at which we would get liquidated.” Strive, a Nasdaq‑listed firm that holds Bitcoin and does structured finance, holds nearly 20,000 BTC. Its focus is on maximizing yield through careful capital management. Strive’s Debt-Free Strategy Many Bitcoin tre