Strive CEO: Bitcoin can rise 'effectively to infinity' against the dollar
- —Cole: without Fed and Treasury intervention, the 10-year Treasury yield would be above 10%
- —Strive projects 50% average annual Bitcoin growth through 2030, calling it conservative
- —Cole defends the Bitcoin treasury company model, saying only weakly funded firms struggled
- —He frames BTC's dollar gains as dollar debasement rather than a change in Bitcoin itself
Why it matters: The pitch reinforces Bitcoin's role as a hedge against US fiscal risk, supporting institutional and treasury-company demand.
Source: Newsbit