Strive swings to $509M gain as first profitable quarter caps year-long Bitcoin accumulation
Cryptopolitan · Fri, 06 Nov 2026 19:25:29 GMT
Hype 30/100 · Market impact 100/100 · Breaking 59/100
Tags: BTC
Strive, Inc. reported $508.0 million in net income for the third quarter of 2026 on Friday, November 6, its first profitable quarter, driven almost entirely by unrealized gains on the Bitcoin it has accumulated. The result reversed a $257.6 million loss in the second quarter tied to a decline in Bitcoin’s fair value. Strive bought 8,136 Bitcoin in the quarter and held 43,124 Bitcoin worth about $3.3 billion as of November 2, making it the fourth-largest public corporate Bitcoin holder behind Strategy, Metaplanet and Twenty One Capital. Operating revenue was $2.7 million, while $533.7 million of $544 million in investment gains came from unrealized digital-asset gains.
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