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Strive CEO Reaffirms Bitcoin Bull Market Just Getting Started, Long-Term Conviction Unwavering

BlockBeats News, August 25th - Matt Cole, CEO of the US stock-listed Bitcoin Treasury company Strive (code ASST), reiterated that the bull market has just begun. He stated that despite ASST's stock price being at a bear market bottom in February 2026 and extreme pessimism in external sentiment, the Strive team's long-term belief has never wavered. We are clear about the value of holding Bitcoin ourselves. Executives and directors have used real money to increase their holdings, some directors have joined the company full-time, and this internal highly consistent belief and execution are the foundation for the performance that followed in the next half year. Even in the most difficult times, there is still a group of steadfast shareholders supporting the company, and the company will not forget these people. Today, with the stock price soaring and market sentiment high, the team's core focus has not changed: the Bitcoin bull market has just begun, so they continue to be All-in.


Yesterday, Matt Cole published a long article bullish on Bitcoin, citing a Bitcoin/gold ratio chart, pointing out that Bitcoin has simultaneously broken out against the US dollar and gold, indicating the end of the bear market and reinforcing that the next cycle will be the strongest in history. Matt Cole believes that three forces - the long-term weakening of the US dollar, the rising demand for scarce assets in the AI era, and the re-strengthening of the BTC/gold ratio - are converging to create a favorable market environment for Bitcoin that has never been seen before.


According to BIT (bit.com) market data, the US stock-listed Strive (code ASST) has nearly doubled its stock price in the past week, breaking through $20.


Strive announced yesterday that it bought 1,110 bitcoins last week with an average price of about $73,409, a significant increase from the previous week's purchase scale. As of August 21st, Strive holds a total of 21,356 bitcoins, as well as 505,000 shares of Strategy STRC preferred stock (fair value of about $48.57 million) and around $171.9 million in cash.

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