Strive Announces 2026 Q3 Financial Report: Net Profit of Approximately $509 Million
2026-11-06 21:23:36
According to CoinMeta, Wu said that on November 6, Strive (also known as NASDAQ and ASST), a Bitcoin treasury company listed in the United States, released its financial report for the third quarter of 2026. The company reported quarterly revenue of approximately $2.696 million and net profit of about $509 million. Digital asset unrealized fair value gains amounted to around $534 million, which was a major factor contributing to the reported profit. After deducting preferred stock dividends, the net profit attributable to common shareholders was approximately $475 million. During the third quarter, the company acquired a total of 8,136 BTC. The return on these acquisitions was 18.5%. In the first three quarters of this year, the company acquired a total of 20,373 BTC10, and from January to March of this year, it further increased its holdings by 15,124 BTC. On October 20, the company also completed the issuance of 7 million shares of SATS perpetual preferred stocks, raising approximately $609 million in net financing. As of October 30, cash and cash equivalents amounted to about $490.4 million. Strive also stated that the company is evaluating business opportunities in areas such as banking, brokerage, DeFi, reinsurance, and asset tokenization.
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