Strive CEO Matt Cole has made a bold statement about the company's Bitcoin holdings. In an interview, Cole said that Strive will not sell its Bitcoin even if the price falls to one cent.
Cole emphasized that Strive is debt-free and does not use its Bitcoin as collateral, eliminating any risk of forced liquidation. This structure allows the company to hold onto its Bitcoin regardless of market conditions.
Strive's approach differentiates it from other companies that have faced margin calls or liquidations during market downturns. Cole's comments come at a time when many publicly traded companies are under pressure to manage their crypto holdings prudently.