Strive CEO sees BTC at 200-week moving average as buying opportunity

Matt Cole, CEO of Strive, stated that BTC has reached its 200-week moving average at around 68000 dollars, a historically favorable level for long-term investors. He noted that Strive’s balance-sheet structure performs well during BTC downturns, as the company raises funds through preferred share issuance without debt and does not use its BTC holdings as collateral, eliminating margin call or forced-selling risks. Cole acknowledged that BTC price declines can be challenging for many investors, particularly those unfamiliar with Bitcoin’s volatility, but emphasized that his extensive experience as a BTC investor has helped him navigate this volatility. He mentioned that Strive is designed to withstand volatility and create value for common shareholders. Looking ahead to 2027, Cole remains optimistic about BTC investment prospects and views the recent pullback as a significant opportunity, even calling it a blessing. He indicated that the company has consistently leveraged downturns over the past year to enhance shareholder value and believes it is time to do so again.

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