Strive Adds 15,124 Bitcoin in October, Reports $509 Million Profit
The company said its Bitcoin holdings reached 43,124 BTC by October 30, while unrealized gains drove most third-quarter net income.
Key takeaways
- Strive bought 15,124 Bitcoin in October, bringing its holdings to 43,124 BTC.
- Third-quarter net income was $509 million, including $533.7 million in unrealized Bitcoin gains.
Strive bought 15,124 Bitcoin in October, bringing its holdings to 43,124 BTC as of Oct. 30, according to its third-quarter earnings report released Friday. The company said it had purchased 35,497 BTC in the first 10 months of 2026.
That total made Strive the fourth-largest publicly traded corporate Bitcoin holder, according to BitcoinTreasuries.NET data cited by Cointelegraph. It was 390 BTC behind third-place Twenty One Capital and 877 BTC short of second-place Metaplanet, assuming neither rival adds to its holdings.
Strive reported $509 million in third-quarter net income, largely driven by $533.7 million in unrealized Bitcoin gains. The company also raised about $609 million in net proceeds through an October offering of perpetual preferred stock, which carries a 15% annual dividend rate; it has not said how much will go toward Bitcoin purchases.
As of Friday afternoon, Strive shares traded at $20.55, down 0.18% since the previous close.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
