Strive's CEO announced that the SATA distribution mechanism will no longer automatically increase the supply at $100 by default.
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Strive: Investors should not assume that SATA will be automatically issued new shares at $100 each.
According to Foresight News , Strive CEO Matt Cole stated that maintaining the SATA price target at $100 and reducing long-term volatility remains a core objective. However, unless otherwise communicated, investors should not assume that Strive will automatically issue new SATA stock at $100. Strive believes that maintaining issuance flexibility around $100 is the best option for the long-term interests of shareholders and the stability of SATA. Current market conditions are not normal. Strive's management will assess the best interests of shareholders and the long-term stability of the securities before taking any action, including suspending the offering or other measures, without prior notice. Market data such as short interest and borrowing costs are expected to be considered, but the analysis will not be limited to a single indicator. The goal is to make the structure more robust, not to address its own unpredictability.
Strive's CEO seeks market feedback on suspending the release of new SATA units at a face value of $100.
PANews reported on July 1st that Strive CEO Matt Cole launched a community poll on the X platform to solicit market opinions on whether to temporarily suspend the issuance of new SATA units at a par value of $100, allowing the market to determine the liquidation price, provided that this move is in the best long-term interests of shareholders. Cole stated that short positions in SATA have increased by approximately 1 million shares in the past 30 days, with borrowing costs currently around 70% annualized. He pointed out that the target remains at $100, but some investors seem to believe that Strive will always issue new SATA units at $100, thus creating an effective price ceiling. Maintaining issuance flexibility would make short SATA riskier and more costly, potentially increasing volatility in the short term but reducing long-term volatility.
Strive ASST CEO: The company will not be forced to sell any BTC.
According to Odaily Odaily, Strive ASST CEO Matt Cole stated that Bitcoin could fall to $0.01 and remain there for 18 months, and the company could also do nothing; the company would not be forced to sell any BTC; there is no price that would lead to the company's liquidation.
Circle CEO Responds to Competition Concerns Regarding OUSD: Stablecoins are Winner-Take-All! USDC's Decade-Long Network Effect Creates a Triple Moat
According to Mars Finance, on July 1st, Circle co-founder and CEO Jeremy Allaire responded to investors' questions regarding the competition from the emerging stablecoin OUSD, emphasizing that stablecoins are a business built on long-term platform and network effects, with a significant winner-takes-all characteristic. USDC's network strength stems from three barriers: First, the network effect of developer and application integration: thousands of services have integrated USDC, each integration amplifies network utility, forming a positive flywheel of developer preference and user stickiness; Second, the liquidity network effect: USDC is currently the third most liquid digital asset globally, alongside BTC and USDT, while other USD stablecoins have only one-tenth of its liquidity and are highly concentrated on promotional accounts on a single trading platform. USDC's liquidity is dispersed across dozens of exchanges, and it took nearly a decade to build this global liquidity foundation; Third, deep integration of policy and regulation: USDC is the only large-scale global stablecoin simultaneously covering Europe and Japan, and Circle continuously invests in the global banking system, reserve management, and near-24/7 liquidity infrastructure. Artemis data shows that USDC processed nearly $30 trillion in on-chain transactions in Q1 2026, accounting for 80% of all USD stablecoin transactions. Allaire addressed OUSD's core selling points point by point: First, while free minting and redemption are theoretically attractive, the market reality is that stablecoins with strong redemption capabilities, high liquidity, and zero fees naturally become exit channels for competitors. Circle addresses this issue through contractual mechanisms rather than general fee waivers. Second, while "everyone sharing the profits" sounds appealing, Circle has already distributed most of its revenue to distribution partners, while retaining sufficient revenue to continuously invest in the infrastructure that makes USDC a global utility—"distributing all revenue will only starve the infrastructure." Third, while the consortium governance model is attractive, its history of scaling and product agility is extremely poor. Large corporations often suffer from poor coordination, inconsistent incentives, and self-interest that stifles consortium operational investment. Circle attempted a similar model in the early days of USDC, encountering immense challenges even on a small scale; small, focused strategic partnerships and independently driven business partnerships almost always prevailed. Allaire also explicitly stated that Circle's stablecoin partnership with Coinbase remains strong, with both parties seeing significant opportunities to expand the USDC network. He expressed optimism about the overall growth of the stablecoin ecosystem, welcomed OUSD, and revealed that Circle is continuously expanding its partnerships with dozens of other stablecoin issuers through platforms such as Arc, CCTP, CPN, StableFX, and Agent Stack, even though some of these partners compete with Circle in other areas of their business. Last night, Open Standard announced the launch of OpenUSD, a new stablecoin backed by over 140 companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase. According to BIT (bit.com) market data, Circle's stock price fell over 16% on Tuesday as a result, but has since rebounded briefly to a 1.55% gain in pre-market trading.
Strive CEO: No BTC purchased this week; balance sheet shows 19,864 BTC.
According to Odaily Odaily, Strive CEO Matt Cole stated on the X platform that Strive's balance sheet currently holds 19,864 BTC, $141.7 million in cash, and $37.7 million worth of STRC. No BTC were purchased this week. Strive's balance sheet has sufficient reserves, no debt, no margin, and no restricted BTC.
Strive adds 469 Bitcoin to reach 25,000 BTC treasury
Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.