Strive CEO: SATA target price remains $100, but no longer guarantees automatic issuance of new shares at $100

CoinFeed July 2 news, Strive CEO Matt Cole posted on X platform that the SATA preferred stock target price remains $100, but the company no longer guarantees automatic issuance of new shares at $100. Cole stated that current market conditions are not normal, and retaining issuance flexibility can avoid being exploited by short sellers. Future issuance decisions will refer to data such as short interest ratio and borrowing costs, but will not disclose specific actions in advance.