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Strive CEO says multiple issuers needed to grow Bitcoin-backed credit market amid institutional limits.

Market News
05 Oct 2026
Tokenpost
View Source
Bullish
Strive CEO says multiple issuers needed to grow Bitcoin-backed credit market amid institutional limits.

Strive CEO Matt Cole highlighted the need for multiple issuers to expand the Bitcoin-backed digital credit market, as institutional buyers may face purchase limits from any single provider. Strive's amplification ratio, a measure comparing preferred shares and debt to Bitcoin holdings, stands at 51.4%, higher than Strategy's 25%. Cole predicts Bitcoin could reach $400,000 to $500,000 in the next bull run, driven by a potential U.S. debt crisis affecting yields and the dollar. He also noted that competition and collaboration between firms like Strive and Strategy can coexist to benefit the market's growth.

Strive CEO Matt Cole's views on Bitcoin credit markets provide context for cryptocurrency trends on Pluang as of Oct 06, 2026 04:24 WIB. Of 50 major cryptocurrencies priced on Pluang, 29 rose and 20 fell today. Notable moves include SXP (Solar) down 46.27% to Rp37, BAL (Balancer) up 11.14% to Rp16.297, and FIL (Filecoin) up 10.33% to Rp20.975 with 80% buy order activity. The most notable figure is SXP's 46.27% decline.

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