Strive reports $509 million in quarterly profit thanks to bitcoin
Strive generated $509 million in net income in the third quarter of 2026, primarily thanks to the valuation of its bitcoin reserves. In its results published on November 6, the U.S. company also announced that it holds 43,124 BTC, valued at approximately $3.25 billion. Behind this spectacular profit, however, are $533.7 million in unrealized accounting gains.
Strive reports $509 million in net income in the third quarter of 2026.
Its reserves have reached 43,124 BTC after the purchase of an additional 15,124 bitcoins in October.
Bitcoin: Strive reports $509 million in profit
The U.S. company revealed its financial results on Friday, November 6. This latest update comes just days after Strive and Strategy bought bitcoin despite the market downturn. For the three months ended September 30, Strive reported net income of $509 million, or $5.24 per diluted share.
The figure is impressive, especially when examining the company's revenue. Its quarterly revenue reached just $2.7 million, generated mainly from its investment management and medical device businesses. Operating expenses totaled $38.7 million.
The difference comes from financial assets recorded on the balance sheet. Strive recorded $533.7 million in unrealized gains on its digital assets during the quarter. These gains reflect changes in the valuation of its bitcoin portfolio, without representing BTC sales or realized profits.
The company also recorded $8.8 million in unrealized gains on preferred stock and approximately $1.5 million in other investment gains.
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Strive generated $509 million in net income in the third quarter of 2026, primarily thanks to the valuation of its bitcoin reserves. In its results published on November 6, the U.S. company also announced that it holds 43,124 BTC, valued at approximately $3.25 billion. Behind this spectacular profit, however, are $533.7 million in unrealized accounting gains.
Strive reports $509 million in net income in the third quarter of 2026.
Its reserves have reached 43,124 BTC after the purchase of an additional 15,124 bitcoins in October.
Bitcoin: Strive reports $509 million in profit
The U.S. company revealed its financial results on Friday, November 6. This latest update comes just days after Strive and Strategy bought bitcoin despite the market downturn. For the three months ended September 30, Strive reported net income of $509 million, or $5.24 per diluted share.
The figure is impressive, especially when examining the company's revenue. Its quarterly revenue reached just $2.7 million, generated mainly from its investment management and medical device businesses. Operating expenses totaled $38.7 million.
The difference comes from financial assets recorded on the balance sheet. Strive recorded $533.7 million in unrealized gains on its digital assets during the quarter. These gains reflect changes in the valuation of its bitcoin portfolio, without representing BTC sales or realized profits.
The company also recorded $8.8 million in unrealized gains on preferred stock and approximately $1.5 million in other investment gains.
$BEN.US
$API3
$CONI.ETF
#strive_bitcoin
