Strive swings to $509M gain as first profitable quarter caps year-long Bitcoin accumulation

Strive, Inc. (Nasdaq: ASST) has reported $508.0 million in net income for the third quarter of 2026. This is also its first profitable quarter, and it was driven almost entirely by unrealized gains on the Bitcoin it has been stockpiling for roughly a year. A profit built on paper Bitcoin gains Strive released the results on Friday, November 6, and it is a reversal from the trend that its previous reports showed. It lost $257.6 million in the second quarter, when a drop in Bitcoin’s fair value wiped out most of the balance sheet, according to the company’s August 10 earnings release. What flipped the number this time was the same mechanism working the other way.

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