Remy Blaire engages in a compelling discussion with Matt Cole, the Chairman and CEO of Strive, as they explore the current state of the cryptocurrency market, particularly focusing on Bitcoin. The segment opens with a market overview, noting that Bitcoin has recently pulled back below the $100,000 level, with fluctuations around $96,000. Remy highlights the volatility not only in crypto but also in equity markets, setting the stage for a deeper analysis.
Matt shares his insights on Bitcoin as a long-duration asset, emphasizing that it has never experienced a negative return over any four-year period in its history. He describes the current price dip as a “buy the dip” opportunity for Bitcoin enthusiasts, reinforcing the long-term positive outlook for the asset. The conversation shifts to Strive’s recent strategic move to accumulate more Bitcoin, with Matt revealing that the company has added 1,567 Bitcoin at an average price above $103,000, bringing their total holdings to 7,525 Bitcoin.
Remy prompts Matt to elaborate on Strive’s unique approach to amplification through perpetual preferred equity, contrasting it with other digital treasury companies that rely on debt. Matt explains that this strategy enables Strive to avoid margin calls and maintain unencumbered Bitcoin holdings, providing a more resilient structure in the face of market downturns.
As the conversation progresses, Matt shares his thoughts on the regulatory landscape for digital assets, noting that recent developments, including the end of the longest U.S. government shutdown, have cleared some uncertainty. He expresses optimism about Bitcoin’s future, particularly as the market moves into an era increasingly influenced by AI, which he believes will drive growth in the coming years.