2026-09-25 · contested story
Strive CEO: Bitcoin Could ‘Go to Infinity' as Dollar Debt Crisis Breaks
Strive CEO Matt Cole told Bloomberg Crypto that Bitcoin could 'effectively go to infinity versus the dollar,' arguing that a mounting U.S. debt crisis—not Bitcoin's own scarcity—is what will ultimately break the currency's value. Cole claimed that 10-year Treasury yields would already sit north of 10% if the Fed and Treasury stepped back from the bond market, crediting Treasury Secretary Scott Bessent with capping long-end rates while warning neither party in Washington will cut spending. Strive, a Bitcoin treasury company, forecasts a 50% compound annual growth rate for Bitcoin through 2030, a figure Cole calls conservative. His broader thesis extends to 'digital credit,' which Strive believes could address a credit market worth roughly $300 trillion.
How each side frames it
left
"and it will go to the moon"
"Now that you've bought aggressively as Bitcoin rallied, at what point does it stop being a creative to your shareholders."
"traders are also piling into leveraged bets in perpetual futures, increasing the risk of rapid price swings"
"does not mean that one Bitcoin will buy you all of Manhattan, right? There is going to be a real purchasing power of that in this debasement trade that we are in."
"What about the SEC innovation exemption Mat that allows platforms to trade tokenized version of U.S. equities? And if you're an investor, what would you view Treasury companies as less relevant?"
center
"Cole's framing puts Bitcoin's price action second to a wager on US fiscal dysfunction, one that only pays off if bond markets and the dollar move the way he expects over the next several years."
"CEO Matt Cole previously described the episode as a "leverage liquidation event, not a credit failure.""
"CoinShares ne s'attend pas à ce que le cours de Bitcoin (BTC) dépasse 80 000 $ cette année."
"Digital-asset treasury companies have sprung up around the world in recent months as cryptocurrency prices rose, adopting the balance-sheet strategy pioneered by Michael Saylor's Strategy Inc."
"Les entreprises en trésorerie Bitcoin (BTC) (CRYPTO : BTC) peuvent surperformer l'actif sous-jacent si elles augmentent régulièrement le montant de BTC par action"
right
"The money is broken. The dollar is broken and people are losing trust in income solutions"
"Former Treasury manager issues bold call on $3 trillion Bitcoin market"
"he believes digital credit, securities that pay income backed by Bitcoin exposure, is not a niche product for crypto enthusiasts. It is, in his view, a solution to a fundamentally broken income market."
"Strive CEO Matt Cole says the debt crisis will not get better and we're transitioning to a Bitcoin future"
"Money markets do not keep pace with fiat currency debasement, which he puts at 6%-7% per year."
What each side left out
The right left out — covered by the The Damage Report (Bloomberg TV transcript)
- Adversarial interviewer questions about shareholder dilution
- leverage/perpetual futures risk
- SEC tokenization threat to treasury-company model
The right left out — covered by the Yahoo! Finance France
- Bearish counter-forecast (CoinShares expecting BTC under $80,000)
- Fed rate hike to 3.75%-4.00% and no easing until 2027
The right left out — covered by the CoinDesk
- The digital credit selloff / STRC and SATA price declines
The center left out — covered by the The Damage Report (Bloomberg TV transcript)
- Cole's most vivid promotional phrase 'go to the moon'
- The self-qualifying caveat that one Bitcoin won't 'buy you all of Manhattan'
The left left out — covered by the CoinDesk & TheStreet
- The $300 trillion digital credit market size claim
- Cole's '6%-7% per year' debasement figure
The center left out — covered by the CoinMarketCap (via X)
- Skeptical retail sentiment ('everything still going to zero', 'Max pain')
What's actually true?
[verified] Matt Cole said Bitcoin can 'effectively go to infinity versus the dollar.'
[verified] Strive forecasts a 50% compound annual growth rate for Bitcoin through 2030, putting BTC in the $400,000–$500,000 range.
[verified] Cole claims 10-year Treasury yields would sit north of 10% if the Fed and Treasury stepped back from the bond market entirely.
[verified] Digital assets have reclaimed $3 trillion in market value since January.
[unverified] Strive's SATA preferred stock, which pays a daily cash dividend, outperformed Bitcoin by more than 100% in 2026 even as BTC traded roughly flat.
[contested] Strive believes digital credit could ultimately address a credit market worth roughly $300 trillion.
[verified] Cole/Strive characterized the digital credit selloff as a 'leverage liquidation event, not a credit failure.'
[unverified] Cole puts fiat currency debasement at 6%–7% per year and argues money markets do not keep pace with it.
The narrative clash
Bitcoin's near-term price direction / ceiling
Left: and it will go to the moon ... we think Bitcoin can effectively go to infinity versus the dollar
Right: CoinShares ne s'attend pas à ce que le cours de Bitcoin (BTC) dépasse 80 000 $ cette année
Whether the digital credit episode signals systemic weakness
Left: leverage liquidations and heavy selling pressure rather than deterioration in the underlying credit quality (Strive's characterization via Walton)
Right: In the end everything still going to zero / Max pain
9 sources analyzed
Yahoo Finance Bloomberg Charlie Kirk Benzinga The Damage Report CoinDesk TheStreet Yahoo! Search Benzinga