Strive reported third-quarter 2026 net income of $509.0 million, compared with a loss in the corresponding 2025 periods. Revenue was $2.7 million, and non-GAAP adjusted diluted EPS was $5.46. Results included a $544.0 million gain from investments, primarily unrealized gains on digital assets.
Financial Highlights
- Revenue totaled $2.7 million for the three months ended September 30, 2026, including $1.6 million in investment advisory fees and $1.1 million in medical device revenue.
- Net operating income was $508.0 million, including $544.0 million in investment gains and losses, while operating expenses totaled $38.7 million.
- Net income was $509.0 million. After $34.2 million in preferred stock dividends, net income attributable to common stockholders was $474.8 million.
- Non-GAAP adjusted net income attributable to common stockholders was $494.6 million, or $5.46 per diluted common share.
- At September 30, cash and cash equivalents were $285.4 million, and digital assets were carried at a fair value of $2.34 billion.
Business Highlights
- Strive acquired 8,136 bitcoin during the third quarter and 20,373 bitcoin during the first nine months of 2026. It acquired a further 15,124 bitcoin from October 1 through October 30.
- Reported bitcoin yield was 18.5% for the quarter and 63.2% year to date through September 30. For October 1–30, the company reported a 19.3% bitcoin yield.
- On October 20, Strive completed a public offering of 7 million shares of its SATS preferred stock, which is listed on the Nasdaq Global Market.
- Strive said it is evaluating opportunities to use its balance sheet across areas including banking, brokerage, decentralized finance, reinsurance, structured asset-backed securities and tokenization.
Original SEC Filing: Strive, Inc. [ ASST ] - 8-K - Nov. 06, 2026
