Strive CEO: Bitcoin Could Outperform Gold

| cryptopotato.com
Strive CEO Matt Cole says Bitcoin could outperform gold over the long term as rising debt and money-supply growth put pressure on the US dollar. He describes Bitcoin as “digital gold” and argues it remains early in its development. Cole previously compared gold’s annualised returns with US M2 growth across several periods: 9.0% versus 6.7% since 1970, 9.5% versus 6.3% since the global financial crisis, and 18.3% versus 6.5% since the Covid-19 pandemic. More recent figures cited in the later report show annualised returns since 2020 of 43.13% for Bitcoin and 18.3% for gold, against 6.5% growth in M2. Strive has also recently bought Bitcoin and reported holdings of 35,595 BTC, valued at about $2.9 billion at the price cited. Cole says the company must maintain substantial Bitcoin exposure while keeping enough liquidity to manage financial risks. His comments are a long-term investment view, not a guarantee of performance; Bitcoin remains below its all-time high, with traders also watching interest rates, inflation and scrutiny of corporate Bitcoin treasury firms.
Bullish
The news is modestly bullish for Bitcoin because a corporate executive has reiterated a long-term case for it as a scarce asset and Strive has reported substantial holdings alongside recent purchases. Cole’s comparison of Bitcoin’s returns with gold and M2 growth may reinforce the view among some investors that Bitcoin can act as a hedge against currency debasement. In the short term, however, these remarks do not guarantee buying pressure or represent a new purchase announcement, and the price may remain more sensitive to interest-rate expectations, inflation data, broader risk appetite and trading flows. The company’s emphasis on retaining liquidity also highlights the financial risks of leveraged or concentrated corporate Bitcoin strategies. Over the longer term, continued adoption and corporate demand could support sentiment, but Bitcoin’s volatility and the uncertain performance of the dollar, gold and other assets mean the outperformance thesis remains unproven.