Strive Reports $509 Million Net Profit for Q3, Holds 28,000 BTC

TechFlow News, November 6: According to SEC filings submitted by Strive (Nasdaq: ASST), the company's Q3 2026 revenue was $2.696 million, up 74.7% year over year; net profit was $509 million, compared with a loss of approximately $207 million in the same period last year. The quarter's profit was primarily driven by approximately $534 million in unrealized gains on Bitcoin.

In Q3, Strive purchased 8,136 BTC at an average price of $78,885 per coin. As of September 30, the company held 28,000 BTC with a fair value of approximately $2.34 billion.

During the quarter, the company raised approximately $783 million in total through common and preferred stock offerings, and completed another preferred stock offering in October, with net proceeds of approximately $609 million.

Source: TechFlow