Bitcoin to $120K by Year-End? Strive CEO Says We’re Entering a Bull Market

Strategy sold Bitcoin. Strive bought. And Matt Cole laughed. In this interview from BTC Prague, Strive CEO Matt Cole explains why his company bought the same amount of Bitcoin that Michael Saylor’s Strategy had just sold — and why he believes the panic around Bitcoin treasury companies may be completely wrong. Since then, Strategy has sold thousands more BTC, making Cole’s take on Saylor, corporate Bitcoin treasuries and balance sheet risk even more relevant. Cole lays out three scenarios for Bitcoin in 2026, including a bearish case near $40,000 and a base case of $80,000 to $120,000 by the end of the year. He also explains why Strive says it can survive a major Bitcoin drawdown without being liquidated, why smaller treasury companies may be under pressure, and why he believes Bitcoin may already be bottoming. He also goes after the rest of crypto — arguing that institutions are mispricing Ethereum, Solana, staking yields and the entire altcoin treasury trade. 00:00 He Bought the Bitcoin Saylor Sold 01:00 Was Saylor’s Bitcoin Sale a Warning Sign? 02:18 Bitcoin to $120K? The Bull, Base and Bear Cases 03:03 Can Bitcoin Go to $1 Without Breaking Strive? 05:20 Bitcoin Treasuries Are Still Net Buyers 07:00 Is the Bottom Already In? 09:56 Ethereum, Solana and Altcoins Are “Insanely Overvalued” 14:23 Can Bitcoin-Backed Credit Become a Trillion-Dollar Market? Subscribe to Cointelegraph for more interviews with the biggest names in crypto, Bitcoin, Web3 and digital assets. #Bitcoin #BTC #MichaelSaylor #Strategy #Crypto #Cointelegraph Disclaimer: This interview is for informational purposes only and should not be considered financial advice.