@ColeMacro

Fight fire with fire. Doing nothing creates bigger fires. Over-engineering does too. The best way to manage fire risk is active management with controlled burns. Markets are similar: controlled volatility can prevent uncontrolled volatility. https://t.co/MXqbPQjn1Y

We’re asking for market feedback because short interest in $SATA increased by ~1M shares over the past 30 days and borrow costs are currently ~70% APR. Targeting $100 remains the objective. But some investors appear to believe Strive will always issue new $SATA shares at $100, creating an effective cap. Retaining issuance flexibility makes shorting $SATA more risky and expensive, which may increase short-term volatility but reduce long-term volatility.

Should @Strive temporarily suspend new $SATA issuance at $100 when doing so is in the best long-term interest of shareholders, and let the market determine the clearing price?

STRIVE BALANCE SHEET UPDATE • Bitcoin: ₿19,864 • Cash: $141.7M • STRC: $37.7M No $BTC purchases this week. Strive’s balance sheet is built to move aggressively or wait patiently with deep reserves, no debt, no margin & no encumbered Bitcoin. $ASST $SATA

Move decisively. Wait deliberately. https://t.co/crMXTLhPYM