Strive CEO: Digital Credit Price Fluctuations Stem from Leverage Liquidation Events, Not Underlying Credit Quality Deterioration

Strive CEO posted on platform X, stating that today is one of the toughest days in the history of digital credit. STRC traded as low as $82.50 before staging a significant recovery, while SATA also rebounded after falling from near par into the low $90 range. What occurred today was a leverage liquidation event, not a deterioration in underlying credit quality. Strive’s dividend reserves remain intact; the company is not under stress and remains capable of fulfilling its obligations and executing its strategy. The credit conditions of the issuers remain solid, with the underlying credit profile largely unchanged compared to before today’s volatility. Both STRC and SATA saw significant buying interest near their intraday lows, which helped drive prices higher. A liquidation event is not the same as a credit event, and today’s price action does not alter its confidence in the long-term opportunity for digital credit.