Strive CEO: Bitcoin Price Range 'Historically Low', Sees Opportunity
Strive's CEO Matt Cole believes that Bitcoin's current price range is historically low. According to Odaily, Cole stated that Strive is willing to take on risk and continue buying BTC at this level. This strategy allows for long-term BTC purchases in an accretive manner, as the company sells BTC only to support STRC's return to par value.
Cole did not provide specific price targets or dates for Bitcoin's potential growth. However, his comments suggest that Strive is confident in its ability to navigate market volatility and capitalize on opportunities in the current market conditions.