CryptoUpdatedOriginally published 10 July 2026Updated 11 July 2026
1 min read

Strive CEO: Firm Ready to Sell Bitcoin to Prioritize Shareholder Value

Key Facts

1Strive CEO Matt Cole stated the firm is willing to sell its Bitcoin holdings if it is deemed beneficial for shareholder value.

In a move highlighting the priority of cash returns over long-term digital asset holding, Strive CEO Matt Cole announced the firm's readiness to liquidate Bitcoin holdings if necessary. Cole stated that the company's approach focuses on maximizing shareholder value rather than adhering to the traditional 'HODL' mentality. According to reports, the firm managed a total of 19,882 BTC as of early July 2026.

This disclosure comes as listed companies seek to balance digital portfolios with balance sheet stability, with Strive maintaining a debt-free status while trading on the Nasdaq under the ticker ASST. In comparison to peers, the firm's Variable Rate Series A Perpetual Preferred Stock (SATA) registered a dividend yield of 13%, reflecting a cash-flow-centric strategy. Per market data, this direction contrasts with the aggressive accumulation strategies seen in firms like MicroStrategy.

Looking ahead, investors are monitoring ASST stock stability at current trading levels to gauge market confidence in this flexible liquidation strategy. With the firm holding 19,882 BTC, any move to sell could impact spot market sentiment. Markets are also awaiting the US ISM Non-Manufacturing Employment data, which will serve as a key catalyst for risk appetite and liquidity trends in alternative assets over the coming week.