Bitcoin Gains Drive Strive's $474.8 Million Q3 Profit
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Strive reported a $474.8 million third-quarter profit driven by Bitcoin gains, with its SATA and SATS instruments implying roughly $287.4 million in annual dividends at November rates and Oct. 30 share counts—a cost the company excludes from its Bitcoin Yield metric. The result underscores how bitcoin treasury strategies can swing earnings sharply with the underlying asset's price. The excluded dividend obligation matters because it represents a real cash cost that flatters the headline yield figure. Watch whether Strive's Bitcoin Yield holds up once dividend expenses are factored in and how the company frames that metric in future disclosures.
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Strive, Bitcoin (BTC), SATA, SATS
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