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Strive CEO responds to Grayscale report stating that STRC dividends depend on Bitcoin price increases
Golden Finance reports that Strive CEO ColeMacro responded to the Grayscale report, saying that the report indicates that Strategy’s long-term ability to pay STRC dividends depends on an increase in Bitcoin prices.
ColeMacro said that demand for digital credit is huge because it offers double-digit returns, low volatility, and is easy for credit-risk investors to understand and that they prefer it. He also noted that the report failed to address volatility and has gaps in credit analysis.