Strive CEO Attributes STRC and SATA Volatility to Forced Liquidation

STRC dipped to a low of $82.50, while SATA retreated from par to $92.88 before staging a recovery to $97.71. Cole, writing on X, described the session as the most difficult in the history of digital credit. He drew parallels to traditional finance, where investors borrowing against stable assets face forced liquidations when price movements trigger margin calls. According to the CEO, the selling activity became entirely disconnected from the actual credit health of the assets.

Strive maintains that its dividend reserves remain fully intact and the company continues to meet all obligations. SATA, which recently raised $160 million in an IPO, is designed as a variable-rate preferred equity product linked to Strive’s Bitcoin treasury strategy, with a target trading range between $99 and $101. While the rebound suggests strong demand at lower price points, the episode highlights the liquidity risks inherent in niche markets where leverage is used to amplify returns on income-focused digital assets.