🚨 Strive Inc. (ASST) CEO Matt Cole said Thursday that the company could survive even if Bitcoin fell to one cent, because it has no debt that could trigger liquidation. The company currently holds 43,153 BTC, purchased at an average price of $87,821 per bitcoin, while Bitcoin is trading at around $67,018, about 24% below its acquisition cost. Cole said Strive had prepared for an 80% drop in Bitcoin by maintaining an allocation of 85–90% in BTC and 10–15% in cash to cover its obligations during prolonged downturns without selling Bitcoin.
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