Matt Cole(@ColeMacro):The Bitcoin treasury model has evolved. Last cycle, mNAV & common equity issuance drove the engine. That will not be the MAIN driver of returns this cycle. Strive believes having & maintaining a high Amplification Ratio is THE engine & we want more Horse Power.

Matt Cole

@ColeMacro

Chairman & CEO @Strive Christ, Liberty, Bitcoin $ASST $SATA $SATS @hurdleratepod

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Matt Cole@ColeMacro

2026.10.06 12:34

The Bitcoin treasury model has evolved. Last cycle, mNAV & common equity issuance drove the engine. That will not be the MAIN driver of returns this cycle. Strive believes having & maintaining a high Amplification Ratio is THE engine & we want more Horse Power.

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