Strive ASST CEO says no Bitcoin price would force BTC sales

Matt Cole said the company could withstand Bitcoin falling to $0.01 for 18 months without being forced to sell any BTC or face liquidation.

BTC

Summary

Strive ASST CEO Matt Cole said the company would not be forced to sell any Bitcoin even if the token fell to $0.01 and stayed there for 18 months. He said there is no Bitcoin price that would trigger liquidation for the company, underscoring that its BTC treasury structure is not exposed to a margin-call-style forced sale.

Terms & Concepts
  • BTC treasury: Corporate strategy of holding Bitcoin on the balance sheet
  • liquidation: Forced sale of assets to meet obligations or close positions