Matt Cole Says Bitcoin Is In A Super Cycle — 50% Drawdown Is Bullish Proof

Corporate Bitcoin treasury management centers on leveraging Bitcoin holdings to create productive financial instruments like digital credit. Strive CEO Matt Cole explains that by issuing preferred equity backed by Bitcoin, companies can offer yield-generating products that attract institutional capital, even during bear markets. These instruments, such as SEDA, utilize daily dividends and specific credit protections—like interest rate floors linked to VWAP—to minimize volatility and build long-term institutional trust. Rather than viewing Bitcoin solely as a static asset, this strategy treats it as a foundation for a new class of financial products that bridge the gap between fiat-based income needs and the scarcity of Bitcoin. By maintaining transparent, disciplined operations and actively managing market dynamics like short interest, these treasury companies aim to drive broader adoption and influence favorable regulatory frameworks for Bitcoin.