Strive Inc. (ASST) CEO Matt Cole stated that the company could survive even if Bitcoin drops to "one penny," as it carries no debt that would force a BTC sale. Speaking on the Pomp Podcast Thursday, Cole explained that Strive funds exclusively through preferred stock rather than borrowing against its holdings, eliminating any liquidation price for its Bitcoin position. The company issues two types of preferred shares: SATA pays a floating dividend of approximately 13% (rising to 13.25% in December), while SATS offers a fixed 15% yield. Cole said Strive has prepared for an 80% Bitcoin drawdown, with roughly 85–90% of its balance sheet in BTC and 10–15% in cash — enough to cover obligations during downturns "without selling a single Bitcoin through any historical bear market." Strive currently holds 43,153 BTC at an average acquisition cost of $87,821. With Bitcoin trading near $67,018, the company sits approximately 24% below its cost basis.