Strive CEO Sets 60% Amplification Ratio Target for Bitcoin Strategy
Matt Cole said amplification drives more than 99% of modeled changes in total returns, while capital costs have a smaller effect than commonly perceived.
Strive CEO Matt Cole said the company is targeting an amplification ratio above 60% later this year as it seeks to maximize common-shareholder returns from its Bitcoin strategy.
Cole said his model shows amplification drives more than 99% of modeled changes in total returns. He described the ratio as the most important factor in a Bitcoin treasury strategy, while saying capital costs have a much smaller effect than commonly perceived.
The target could become more difficult to reach if warrants are exercised in the coming weeks or if Bitcoin rises further, Cole said.
Strive recently expanded its Bitcoin holdings to 27,462 BTC through a $94.5 million purchase.
