Digital Currency / Business
Add as a preferred source on GoogleCole has also said Strive carries no debt and has not pledged its Bitcoin holdings.
Cole said Strive could retain its Bitcoin (BTC) even in a $0.01 price scenario, with cash covering 18 months of obligations.
Cole has also said Strive carries no debt and has not pledged its Bitcoin. He linked Strive’s pause in common-share issuance to concern that selling shares at then-current prices would dilute existing holders.
An Oct. 26 SEC filing reported that Strive held 43,000 BTC on Oct. 23 after buying 6,182 BTC over the prior week. Its quarterly filing says the January acquisition of Semler Scientific contributed 5,048 BTC.
Strive also removed its mNAV measure from its dashboard. Cole cited a year-to-date rise in ASST shares as Bitcoin fell.
The yield covers the year through Sept. 30; a separate filing records a 29-BTC purchase from Oct. 31 through Nov. 6.
