Strive, Inc. (ASST) Form 10-Q — Nov 6, 2026
Strive, Inc. reported a $509.0 million Q3 2026 net income ($5.33 basic EPS), almost entirely from a $533.7 million unrealized gain on its ~28,000 bitcoin holdings, reversing a $192.3 million loss in the September 2025 successor stub period. Nine-month revenue was just $8.4 million against a $14.5 million net loss after preferred dividends of $73.9 million. The bitcoin position has a $2.52 billion cost basis versus $2.34 billion fair value — the company is underwater roughly $6,600 per coin at $83,577/BTC versus its $90,170 weighted-average acquisition cost.
Key figures
- Eps
- 5.33
- Revenue
- 2696000
- Net Income
- 509032000
- Total Debt
- 0
- Total Assets
- 2684170000
- Cash Position
- 285405000
- Shares Outstanding
- 118117620
- Q3 net income
- $509.0 million
- Q3 diluted eps
- 5.24
- Bitcoin cost basis
- $2,524,811 thousand
- Bitcoin fair value
- $2,340,192 thousand
- Fair value per btc
- 83577
- Nine month revenue
- $8.4 million
- Sata dividend rate
- 13.00% per annum as of September 30, 2026
- Bitcoin held approx
- 28000
- Nine month net loss
- $14.5 million
- Q3 unrealized btc gain
- $533.7 million
- Q3 sata dividends declared
- $34.2 million
- Sata preferred outstanding
- 12,940,621 shares, $1.3 billion liquidation preference
- Sats offering net proceeds
- $609.0 million (October 2026, 7.0 million shares at 15.00%)
- Sata atm capacity remaining
- $1.7 billion
- Semler bargain purchase gain
- $66.7 million
- Atm equity capacity remaining
- $1.9 billion
- Medical device r d impairment
- $14.7 million
- Share repurchase authorization
- $500.0 million Class A (no repurchases made)
- Weighted avg acquisition cost per btc
- 90170
AI analysis
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