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Strive reports Q3 net income of $509M and raises $609M via SATS preferred stock offering

ASSTStrive, Inc.

Strive, Inc. reported GAAP net income of $509.0 million for the quarter ended September 30, 2026, translating to $5.24 per diluted common share. The company also announced it completed a registered public offering on October 20, 2026, raising approximately $609.0 million in net proceeds from the sale of 7,000,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATS). Additionally, Strive acquired 8,136 bitcoin during the quarter and holds $490.4 million in cash as of October 30, 2026. The company operates in the digital asset treasury management and investment advisory sector.

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