Strive Leans into Bitcoin Volatility with Innovative Instruments
Strive, led by Chief Risk Officer Jeff Walton, has been making waves in the crypto space with its innovative approach to Bitcoin and digital assets. The company's treasury recently broke through significant milestones with over 24,000 Bitcoin, but Walton doesn't see this as a risk. Instead, he views it as long-term capital on their balance sheet.
Walton emphasized that Strive leans into the volatility of Bitcoin, creating new perpetual preferred equity security called SATA to provide low-volatility exposure to investors. He believes in the long-term trajectory of fiat debasement and the debt crisis in the US, which he sees as systemic.
The company is open to global capital investment and has created two instruments: a perpetual yield instrument with an annual interest rate of 13%, and a high-volatility instrument that outperforms Bitcoin. These securities are designed to appeal to institutional investors and high-net-worth individuals looking for global macro exposure.