Strive CEO: Bitcoin Could ‘Go to Infinity’ as Dollar Debt Crisis Breaks

Strive CEO Matt Cole told Bloomberg Crypto that Bitcoin (BTC) could effectively rise without bound against the US dollar. He attributes this potential scenario to a growing debt crisis in Washington rather than Bitcoin’s own scarcity.

Debt Dynamics Over Bitcoin Fundamentals

Cole argued that if the Federal Reserve and the Treasury stopped intervening in the bond market, the 10‑year Treasury yield would likely exceed 10%. He credited Treasury Secretary Scott Bessent with temporarily capping long‑end rates, but said the restraint only postpones an inevitable correction because spending cuts are not forthcoming.

Growth Forecast and Company Performance

Strive, a Bitcoin treasury firm that raises capital to purchase and hold BTC, forecasts a 50% compound annual growth rate for Bitcoin through 2030. Cole described this projection as conservative based on previous bull cycles. He also noted that Strive’s SATA preferred stock, which pays a daily cash dividend, has outperformed Bitcoin by more than 100% in 2026, even as BTC traded roughly flat.

Bitcoin Treasury Model Outlook

Addressing concerns that the Bitcoin treasury model is fading, Cole said the model has not broken. He observed that firms lacking a clear thesis or sound debt terms struggled during the bear market, while disciplined buyers continued accumulating as Wall Street treasuries re‑entered the market.

Key Takeaway

Cole’s perspective places Bitcoin’s price trajectory secondary to a wager on US fiscal dysfunction, suggesting significant upside only if bond markets and the dollar move as he anticipates over the coming years.