15 Jan 2026
1h 8m

Strive: Amplified Bitcoin Exposure Engine with Matt Cole | SLP710

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Stephan Livera Podcast

Strive CEO Matt Cole details the company's recent merger with Semler, creating a large-scale Bitcoin treasury entity holding over 12,000 BTC. Financial engineering, specifically the issuance of preferred equity like SEDA, generates Bitcoin yield and drives total returns beyond the asset's base performance. By avoiding convertible debt and focusing on amplified Bitcoin exposure, Strive provides institutional investors with a liquid, high-yield vehicle distinct from traditional leverage. While firms like Strive and MicroStrategy compete for total return, their collective growth fosters broader institutional adoption. This strategy maximizes shareholder value by opening access to capital pools that cannot directly hold Bitcoin, while maintaining a commitment to the long-term appreciation of the underlying asset. The approach prioritizes operational efficiency and liquidity to ensure that treasury companies remain viable, competitive, and attractive to diverse institutional mandates.

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