Matt Cole — He Built a Stock That Pays You Every Day

About this episode

Matt Cole discusses his innovative approach to asset management and the introduction of daily dividends in the U.S. market through Bitcoin.

Matt Cole spent fifteen years at CalPERS — the largest public pension fund in the U.S. — running more than $70 billion in global fixed income, where his portfolios reportedly never underperformed their benchmark in a single year. Today he's Chairman & CEO of Strive (Nasdaq: ASST), the first publicly traded asset-management Bitcoin treasury company — and the man who just made a security pay a dividend every single business day, the first time that's ever happened in U.S. market history. This is the structured-finance mind behind "digital credit" — the idea that you can split a perpetual Bitcoin position into two instruments: a low-volatility, yield-bearing preferred (SATA, now paying daily) and the amplified Bitcoin common stock underneath it. Matt explains why he calls digital credit the biggest story in Bitcoin, how a zero-debt balance sheet survives Bitcoin going "to one penny tomorrow," and why he's laser-focused on a thirty-year digital gold rush. If you've ever wondered what happens when a Wall Street fixed-income operator goes all-in on Bitcoin — this is it. We discuss: The first security in U.S. market history to pay a dividend every business day — and why "the dividend…

People in this episode

Host: Cedric Youngelman

Guest: Matt Cole

Topics covered

• Bitcoin
• dividends
• digital credit
• asset management
• fixed income
• financial innovation

Keywords

• Bitcoin treasury
• daily dividends
• digital credit
• fixed income
• CalPERS
• Strive
• financial markets
• zero debt
• investment strategy

Mentioned in this episode

Organizations: CalPERS, Strive

Products: SATA

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