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Bitcoin

Strive Posts $509M Q3 Profit as Bitcoin Holdings Surge to $3.25 Billion

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Bitcoin treasury company Strive reported a $509 million third-quarter profit, fueled by gains in its cryptocurrency holdings, while continuing an aggressive buying campaign that has added more than 15,000 bitcoin since September. Strive Inc. (Nasdaq: ASST) reported net income of $509 million for the third quarter of 2026, or $5.24 per diluted common share, according to financial results released Friday . The company recorded $533.7 million in unrealized gains on its digital assets, accounting for the bulk of its quarterly profit. Adjusted net income attributable to common shareholders reached $494.6 million, or $5.46 per diluted share. However, revenue from Strive’s operating businesses totaled just $2.7 million against $38.7 million in operating expenses, highlighting the company’s reliance on bitcoin appreciation rather than traditional business activities for its reported profitability.

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