Strive CEO: bitcoin companies' pay should be tied to outperforming BTC
- —Cole: the goal of pure bitcoin companies is returns above BTC, and bonuses should be tied to that
- —Metaplanet cut its option pool by 41% after shareholder protest
- —Strive hired Adam Livingston to analyze the bitcoin treasury sector
- —Cole expects a BTC-based yield curve to form: bonds, preferreds and products with varying risk
Why it matters: It sets a corporate governance standard for bitcoin treasury companies and signals a new class of yield-bearing BTC products.
Source: TokenPost