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Strive’s $509M Quarterly Profit; Bitcoin Buying Accelerates

Strive reported $509 million in third-quarter 2026 GAAP net income in results released on November 6, 2026. The company said it bought 8,136 BTC during the quarter ended September 30 and another 15,124 BTC from October 1 through October 30. The profit is an accounting figure, not a measure of operating cash generation; Bitcoin price changes can affect reported earnings without sales or cash receipts.

Strive said it had $490.4 million in cash and cash equivalents as of October 30 and received about $609 million in net proceeds from a preferred-share offering closed on October 20. Its reported Bitcoin yields of 18.5% for the quarter and 63.2% for the year to date are management-defined measures, not cash dividends or guaranteed returns.

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