Matthew Cole
Coverage of Matthew Cole in the Nexus archive.
- Strive (ASST) Adds 21 Bitcoin as Treasury Reaches 19,921 BTC and Cash Climbs to $157 Million
Strive (ASST) purchased 21 bitcoin at an average price of $63,221 per coin, increasing its treasury holdings to 19,921 BTC. The company's cash reserves rose to $157.4 million, and CEO Matthew Cole emphasized continued bitcoin accumulation through perpetual preferred equity.
- Strive’s SATA Tops Estimated 490 Bitcoin in a Single Day — More Than the Entire Daily Mining Supply
Strive, Inc.'s SATA program acquired an estimated 490 bitcoin in a single day, surpassing the Bitcoin network's average daily mining output of 450 BTC. The company uses its Variable Rate Series A Perpetual Preferred Stock to accumulate Bitcoin, with total holdings now reaching 16,500 BTC.
- Strive’s SATA Sets U.S. First With Daily 13% Bitcoin-Backed Dividend Preferred
Strive Asset Management is launching a new SATA preferred stock that will distribute cash dividends daily, offering a 13% annual dividend rate. This move marks a departure from the traditional monthly payout model and reflects a broader push to reshape yield products around digital asset strategies. The company has also expanded its bitcoin treasury to 15,009 BTC.