Strive reports $509 million Q3 income as Bitcoin gains hit $534 million

Strive, the Nasdaq-listed Bitcoin treasury company trading as ASST, posted $509 million in GAAP net income for the third quarter, supported by $534 million in unrealized gains on its digital assets.

The company increased its Bitcoin holdings by 8,136 $BTC during the quarter and 20,373 $BTC over the first nine months of 2026. It continued buying in October, acquiring another 15,124 $BTC between Oct. 1 and Oct. 30.

Strive also reported a 63.2% year-to-date Bitcoin yield, its preferred measure of how fast it grows Bitcoin per share.

For the first nine months, however, the company recorded a $14.5 million GAAP net loss and an $88.4 million net loss attributable to common stockholders after preferred dividends. Its adjusted non-GAAP income attributable to common stockholders was nearly $495 million for the third quarter, or $5.46 per diluted share.

The company also raised about $609 million in net proceeds from its SATS preferred-stock offering in October.