TREE NEWS update: Strive Inc. (ASST) CEO Matt Cole said on the Pomp Podcast Thursday that the company could survive even if bitcoin fell to one cent, because it carries no debt that could force it to sell its bitcoin. Cole said Strive raised capital only through preferred stock, so there is no price at which its bitcoin would be forcibly liquidated, unlike leveraged bitcoin buying. Strive issues two preferred shares: SATA paying a floating dividend of about 13%, rising to 13.25% in December, and SATS paying a fixed 15% dividend.
Strive CEO: Company Can Survive Even If Bitcoin Falls to One Cent
The claim rests less on bitcoin's resilience than on Strive's capital structure: preferred stock with no debt removes the forced-seller dynamic that defines leveraged treasury strategies. That distinction matters for holders of the preferreds, since the roughly 13% and 15% dividends must be serviced regardless of bitcoin's price, making the cost of that durability explicit. Whether the no-liquidation framing holds up as a genuine differentiator, or simply shifts risk from creditors to preferred holders, is the open question worth tracking.
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