Strive's Q3 net profit reached $509 million, holding 28,000 BTC.

Strive (Nasdaq: ASST) reported $509 million in net income for Q3 2026, reversing a $207 million loss a year earlier, driven mainly by about $534 million in unrealized Bitcoin gains. Quarterly revenue rose 74.7% year over year to $2.696 million. The company bought 8,136 BTC at an average price of $78,885 per coin and held 28,000 BTC worth roughly $2.34 billion as of September 30. Strive raised about $783 million in the quarter through common and preferred stock offerings and completed another preferred issuance in October for about $609 million in net proceeds. The results highlight how Bitcoin treasury holdings can swing earnings for public companies, with attention now on whether Strive keeps expanding its BTC position and how its capital raises affect share count.