Beating Bitcoin: Inside Strive’s Treasury Strategy with Matt Cole

In this episode, I sit down with Matt Cole, Chairman and CEO of Strive, to unpack the evolution of Bitcoin treasury companies and the macroeconomic backdrop shaping their strategies. Matt shares his journey from managing $70B at CalPERS to going all-in on bitcoin—and building Strive to be a top-performing public equity vehicle for bitcoin exposure. We dive into: • Why Matt believes Bitcoin is the only off-ramp from monetary debasement • Strive's M&A strategy and the acquisition of Semler Scientific • Preferred equity vs. convertible debt—and why duration matching is everything • The real value of an operating business in a Bitcoin treasury strategy • How to think about amplified bitcoin exposure—and survive the short-term volatility • What happens when the Fed’s monetary tools stop working This is one of the most in-depth episodes we've done on how capital markets, balance sheet construction, and macro trends collide with Bitcoin adoption at scale. Stack Bitcoin using your home equity → https://joinhorizon.com See your home's Bitcoin potential → https://joinhorizon.com/calculator Schedule a 1-on-1 consultation → https://calendly.com/d/cryw-39y-2j4/horizon-consultation Follow Joe on X → https://x.com/JoeConsorti Disclaimer: Horizon is a technology company that helps users buy and custody their Bitcoin and does not directly provide financial or investment services. Horizon connects homeowners with licensed home equity investment providers but does not act as an agent or broker for the homeowner or any third party. Homeowners should consult their financial, tax, or legal advisor before making any investment decision. For additional information, please refer to our FAQ, terms and conditions, and our preferred providers' websites.

Subscribe to Over The Horizon: A Bitcoin Podcast on Soundwise