Matt Cole: The target price of SATA preferred stock remains at $100, and the automatic issuance guarantee for new shares is cancelled

Strive CEO Matt Cole stated that the target price for SATA preferred stock remains at $100, but the company has cancelled the guarantee of automatically issuing new shares at that price. Matt Cole stated that the current market situation is not normal, and retaining issuance flexibility can avoid being exploited by bears. Future issuance decisions will refer to data such as short selling ratios and borrowing costs, and specific actions will not be announced in advance.