Are Digital Credit Instruments Like STRC and SATA Against Bitcoin's Ethos?
23 Jun 2026 · 55:48
Matt Cole, chairman and CEO of Strive, joins Unchained host Laura Shin the day after what he calls the most difficult day in the history of digital credit, when Strive's STRC dipped to $82.50 and SATA slipped into the low nineties. Cole defends digital credit instruments as a solution to an income problem fiat markets cannot solve, addresses whether last week's move was a leverage liquidation or a crack in the model, and explains why he sees wrapping bitcoin in preferred stock as a bridge rather than a betrayal of Bitcoin's ethos. He also weighs in on Michael Saylor's decision to sell bitcoin and S&P's junk rating on MSTR.