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Strive CEO Publishes Statement Detailing Bitcoin Amplification Strategy, Advocating for 'Short the U.S. Dollar, Long Bitcoin'

Matt Cole, Chief Executive Officer of Strive (ticker: ASST), outlined the firm's investment framework, stating that the "Amplification Ratio" is the key determinant for Strive to outperform Bitcoin. He cited data showing that scarce assets have outpaced currency devaluation over the long term: gold's performance versus M2 growth stood at 9.0% against 6.7% since 1970, 9.5% against 6.3% since the global financial crisis, and 18.3% against 6.5% since the onset of the COVID-19 pandemic. Cole defines Bitcoin as "digital gold" and argues that it should surpass gold as it matures. The firm's core strategy is to "maximize and sustain short positions on the U.S. Dollar while holding long positions on Bitcoin", maintaining a high amplification ratio while preserving ample liquidity. As of publication, ASST is trading at $24.09.

Source: PANewsRead original

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Strive CEO Publishes Statement Detailing Bitcoin Amplification Strategy, Advocating for 'Short the U.S. Dollar, Long Bitcoin' | CoinByte