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Strive CEO responds to Grayscale report stating that STRC dividends depend on Bitcoin price increases
Mars Finance reports that Strive CEO ColeMacro responded to the Grayscale report, stating that the report indicates that Strategy’s long-term ability to pay STRC dividends depends on Bitcoin price appreciation. ColeMacro said that demand for digital credit is huge because it offers double-digit returns, low volatility, and credit risk investors find easy to understand and favor. He also pointed out that the report failed to discuss volatility and has deficiencies in credit analysis.