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Strive CEO says Binance hack hasn't changed his long-term Bitcoin case

Strive CEO Matt Cole said the Binance hack has not changed his long-term case for Bitcoin, Cointelegraph reported, while cautioning that it is too early to call a market bottom.

Key facts

1 sourceMajor storyNew

BTC after this site detected it

  • 5 minutes+0.09%Gate · USDT
  • 1 hour+0.13%Gate · USDT
Source published First received Updated UTC

Claims and open questions

Evidence strength Single source

Only one publisher so far. Another independent outlet or an official source would raise it.

ImportanceMajor story

Security topic · core coin BTC

How recentVery recent

Fresh security news

What sources claim

  • Strive CEO Matt Cole said the Binance hack has not changed his long-term case for Bitcoin, according to Cointelegraph.
  • Cole cautioned that it is too early to call a market bottom, Cointelegraph reported.

Still unresolved

  • What specific factors Cole cited for Bitcoin holding up better than expected after the hack, and whether Strive disclosed any change to its own bitcoin holdings or strategy in connection with the breach.

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.

Source evidence

1
CointelegraphNews publisher
Bitcoin held up better than expected after Binance hack, Strive CEO says ↗

Published Oct 31, 2026, 15:26 · Received Oct 31, 2026, 15:31

Market reaction after detection

Measured from the sample nearest site detection, on the same source and quote currency.

Observed returns after site detection
WindowReturnActual sampled interval / source
5 minutes+0.09%Oct 31, 2026, 15:31 → Oct 31, 2026, 15:36 (UTC)
Gate · USDT
1 hour+0.13%Oct 31, 2026, 15:31 → Oct 31, 2026, 16:31 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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