Strive CEO: Bitcoin’s 50% Crash Shows Why Digital Credit Is the Future
Strive CEO Matt Cole argued that yield-bearing digital credit instruments (Strive’s SATA and Strategy’s STRC) proved resilient during Bitcoin’s roughly 50% drawdown from a ~$126k October 2025 peak to about $60k in February. SATA now yields 12.75% after a 25-basis-point hike and trades near $100 par; STRC yields about 11.5%. Strive backs SATA with ~13,311 BTC and a $50 million STRC position, claiming combined assets cover roughly 19 years of dividend payments (~$56 million annually) at current BTC prices. The article frames digital-credit products as potentially attractive, high-yield, crypto-linked credit instruments, but notes broader industry stress (e.g., Strategy and BitMine equity drawdowns) that will test the sector if volatility continues.