BitMEX Research|Apr 16, 2026 11:34
So lets get this straight...
Strive [ASST US] is a Bitcoin Treasury company. The company has a perpetual instument, with a variable coupon, which can change at Strive's discretion. Paid monthly. This currently yields 13%.
With the proceeds from selling this perpetual instument, Strive invest in STRC, another perpetual instument from another Bitcoin treasury company (Strategy). This instument also has a variable coupon, which can change at Strategy's discretion. This currently yeilds 11.5% and is paid monthly.
What could possibly go wrong?(BitMEX Research)
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