Matt Cole
@ColeMacro , CEO of Strive, just explained why SATA and STRC are doing exactly what they were designed to do.
Bitcoin is down ~50%, deep in bear-market territory, yet digital credit total returns have stayed positive.
âSATA will have less volatility than Bitcoin, substantially less volatility than Bitcoin, and higher income.â
That is the point.
$SATA / $STRC are not trying to be Bitcoin.
They are Bitcoin-backed credit instruments built to survive the brutal part of the cycle and keep paying income while common equity absorbs the volatility.
And as Cole said:
âWe would not have to sell a single Bitcoinâ even if 2022 repeated.
Thatâs not broken. Thatâs the structure working.
h/t:
@laurashin