Strive CEO Matt Cole said in an interview on July 7 that the company would not need to take action even if Bitcoin fell to $0.01 and stayed there for 18 months. According to Cole, such an extreme price scenario would not create operational trouble for Strive, nor would it force the company to sell any of its Bitcoin reserves. He also stressed that there is no price level at which Strive would face forced liquidation. The remarks underscore the company’s stance on the resilience of its BTC treasury position under severe downside conditions.
According to BlockBeats on July 7, Strive CEO Matt Cole said in an interview that even if Bitcoin were to fall to $0.01 and remain at that level for 18 months, the company could choose to do nothing and still face no issues.
Cole added that under such an extreme scenario, Strive would not need to sell a single BTC from its reserves. He further said there is no price level that would trigger a forced liquidation or margin call for the company.
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