Strive reported $509 million in net income for the third quarter of 2026, largely reflecting $533.7 million in unrealized gains on its bitcoin holdings. Its operating businesses generated $2.7 million in revenue against $38.7 million in operating expenses, so the reported profit did not come from those businesses.
After the quarter ended on Sept. 30, Strive bought more bitcoin, bringing its holdings to 43,124 BTC as of Nov. 2. It also completed a preferred stock offering that raised about $609 million in net proceeds and carries a 15% annual dividend rate, creating ongoing obligations to shareholders.
