Blockspace Podcast: Why Most Bitcoin Treasury Companies Are Struggling — and the One That's Getting It Right

In this episode of the Blockspace podcast, Matt Cole, CEO of Strive, a Bitcoin treasury company, discusses Strive's long-term investment strategy in Bitcoin, emphasizing a bullish outlook with an expected average return of over 30% annually despite market volatility. Cole explains Strive's unique corporate structure, which uses preferred equity to amplify Bitcoin exposure without debt, setting it apart from competitors like MicroStrategy. He addresses misconceptions about Bitcoin treasury companies, particularly regarding credit ratings and the need for a clear understanding of Bitcoin's role as a savings vehicle. Cole also touches on the ideological underpinnings of Strive, advocating for capitalism and meritocracy, and shares his thoughts on Bitcoin's technical developments and the importance of favorable regulatory conditions for Bitcoin to function as money. He expresses excitement for potential liquidity entering the Bitcoin system in 2026.