Strive's Joe Burnett says the company safeguards its bitcoin with institutional custodians and holds an 18-month cash dividend reserve
In a CoinDesk interview posted on 2026-11-13, Strive executive Joe Burnett said the company uses institutional custodians rather than hardware wallets to protect its bitcoin, citing a string of crypto hacks. Burnett also said Strive has not had to sell bitcoin to pay dividends and holds an 18-month USD cash dividend reserve.
In a CoinDesk interview posted on 2026-11-13, Strive executive Joe Burnett said the company uses institutional custodians rather than hardware wallets to protect its bitcoin, citing a string of crypto hacks. Burnett also said Strive has not had to sell bitcoin to pay dividends and holds an 18-month USD cash dividend reserve.
Key facts
- Strive executive Joe Burnett said in a CoinDesk interview posted on 2026-11-13 that the company uses institutional custodians rather than hardware wallets to protect its bitcoin, citing a string of crypto hacks.
- Burnett said Strive's objective is to eliminate single points of failure in its bitcoin custody.
- Burnett said Strive has not had to sell bitcoin to pay dividends and holds an 18-month USD cash dividend reserve, stating: 'We have an 18-month USD cash dividend reserve.'
Sources · 2 sources
- CB
Crypto BriefingArticle ·
Strive leans on custodians and an 18-month cash buffer to protect its Bitcoin Strive's strategy highlights the importance of financial buffers and custodial security in managing volatile digital assets, impacting investor confidence. The post Strive leans on custodians and an 18-month cash buffer to protect its Bitcoin appeared first on Crypto Briefing .
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CoinDesk@CoinDeskPost on X ·
After a string of crypto hacks, @Strive’s Joe Burnett (@IIICapital) says the company uses institutional custodians, not hardware wallets, to protect its bitcoin. And it hasn’t had to sell bitcoin to pay dividends: “We have an 18-month USD cash dividend reserve.” https://t.co/JTiTFv8dT9
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