PANews|Nov 13, 2026 08:31
[Strive CEO on Bitcoin Crash: Pullback is Actually a Good Time to Increase Exposure] Matt Cole, CEO of Bitcoin treasury firm Strive, stated that Bitcoin has currently fallen to around $68,000, near its 200-week moving average. Historically, this level has often been a good time to increase Bitcoin exposure. Cole noted that Strive can continue issuing preferred stock during market downturns, thereby increasing its Bitcoin growth rate. On December 31st last year, when Bitcoin was around $87,500, Strive's growth rate was 30%; by September 30th this year, when Bitcoin was around $83,600, this rate had risen to 55%; and after the launch of SATS and the current decline, it is now over 70%.
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