Strive, Inc. operates as a structured finance company and institutional asset manager with reportable activities in investment advisory services and corporate bitcoin treasury operations. Its Strive Asset Management, LLC subsidiary is an SEC-registered investment adviser, while the Corporate & Other segment includes the company’s bitcoin holdings and related capital allocation framework.
Recurring news for Strive covers bitcoin treasury updates, purchases of bitcoin and bitcoin-related securities, financial results, and capital-structure actions involving its Variable Rate Series A Perpetual Preferred Stock, traded as SATA. Company updates also address preferred stock dividend declarations and rate adjustments, governance matters, material agreements, and business education or media initiatives connected to corporate bitcoin finance.
Strive (Nasdaq: ASST) reported third-quarter 2026 GAAP net income of $509.0 million, supported by unrealized gains on digital assets. Diluted earnings were $5.24 per common share. Revenue totaled $2.696 million, while unrealized digital-asset gains reached $533.697 million. A medical-device research asset impairment cost $14.650 million. For the first nine months, the net loss attributable to common stockholders was $88.371 million, or $1.17 per share.
Strive acquired 8,136 bitcoin in the quarter and another 15,124 from October 1 through October 30. Reported BTC Yield was 18.5% for the quarter and 63.2% year to date. On October 20, it completed an offering of 7,000,000 shares of 15.00% SATS perpetual preferred stock, raising approximately $609.0 million net after underwriting discounts and commissions. Cash and cash equivalents totaled $490.4 million on October 30.
Strive (ASST) entered into a sales agreement allowing it to offer up to $1.0 billion of preferred stock through an at-the-market program.
The securities are 15.00% Series A Perpetual SATS Preferred Stock. Strive intends to use net proceeds for purposes including bitcoin and bitcoin-related purchases, income-generating assets, capital expenditures and working capital. Potential uses also include acquisitions, repurchases of Class A common or SATA preferred shares, preferred-stock cash dividends and repayment of future indebtedness. The agreement permits sales but does not represent completed issuance.
Strive (ASST) closed its upsized initial public offering of 7,000,000 shares of Series A Perpetual SATS Preferred Stock.
The offering price was $90 per share. SATS accumulates cumulative dividends at 15.00% annually on a stated amount of $100 per share. Dividend payments depend on board authorization and legally available funds. Regular dividend dates begin November 9, 2026, and fall on each business day as defined in the governing documents. If declared in full, the first payment will include accrued and unpaid dividends from closing. SATS is expected to begin trading on the Nasdaq Global Market on or around October 20, 2026.
Strive (Nasdaq: ASST) priced an upsized initial public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock. The offering price is $90 per share, and the share count is 2,000,000 above the previously announced amount. Strive estimates approximately $630 million in gross proceeds before underwriting discounts, commissions and offering expenses. Settlement is scheduled for October 20, 2026, subject to customary closing conditions.
The shares accumulate cumulative annual dividends of 15.00% on a $100 stated amount, payable if declared, with regular payment dates beginning November 9, 2026, on each business day. At closing, Strive intends to add $22.50 per share to its dividend reserve using existing cash and securities, covering the first 18 months of dividend payments. Potential uses of proceeds include bitcoin purchases, income-generating assets, acquisitions and share repurchases.
Strive (Nasdaq: ASST) plans an initial public offering of 5,000,000 shares of its Series A Perpetual SATS Preferred Stock. The offering is subject to market and other conditions. The shares would accumulate 15.00% annual cumulative dividends on a $100 stated amount per share. Dividends would be payable each business day beginning November 9, 2026, if declared and legally available.
Strive plans to use proceeds for purposes including bitcoin purchases, income-generating assets and potential share repurchases or acquisitions. At closing, it intends to fund a reserve covering the first 18 months of dividends with existing cash and securities. The initial $100-per-share liquidation preference would adjust under a market-price formula. Holders could require repurchases following a defined fundamental change; Strive could redeem all shares under specified outstanding-share or tax conditions.
REX Shares and Tuttle Capital Management have launched the T-REX 2X Long ASST Daily Target ETF (Cboe: ASSX), the first U.S. ETF providing 2x daily long exposure to Strive (Nasdaq: ASST), a bitcoin-treasury company. ASSX is now listed and trading on Cboe.
The fund seeks to deliver 200% of ASST’s daily performance, before fees and expenses, via a daily reset structure designed for single-day holding periods. It does not invest directly in bitcoin and is not a bitcoin ETF. Strive held 24,531 bitcoin as of September 4, 2026, and ASST has a history of sharp price swings that ASSX is designed for active traders to target.
The ETF uses derivatives, including swap agreements, and carries risks such as leverage, compounding, industry concentration, digital asset strategy, liquidity, counterparty and small-cap risks, and the possibility of losing the entire investment in a single day if ASST drops by more than 50%.
Strive (Nasdaq: ASST; SATA) reported second quarter 2026 results marked by large unrealized losses on digital assets and continued balance sheet expansion. For the quarter ended June 30, 2026, Strive recorded a GAAP net loss of $257.6 million/b), largely driven by a net unrealized loss on bitcoin and a $6.0 million loss on preferred equity investments. Non-GAAP adjusted net loss attributable to common stockholders was $275.0 million, or $3.65 per diluted share.
Strive acquired 6,236 bitcoin in Q2 and 12,237 bitcoin in the first half of 2026, achieving a disclosed Bitcoin Yield of 23.9% in Q2. As of June 30, 2026, total assets were $1.38 billion, including $1.16 billion of digital assets. The company reported revenue of $2.9 million for the quarter, up from $1.5 million a year earlier, and fully retired its short- and long-term debt by August 7, 2026.
Strive (Nasdaq: ASST; SATA) announced a new Bitcoin Stewardship Commitment, outlining its view that institutions benefiting from Bitcoin should help preserve the network. As an initial step, Strive is supporting Bitcoin open-source development through Brink, an independent nonprofit that backs contributors to Bitcoin Core and other critical infrastructure based on work quality.
According to Strive, this builds on its support of the Bitcoin Policy Institute and reflects a focus on both public policy and technical development. Brink is the first initiative under the Commitment, and Strive plans to keep evaluating additional opportunities in Bitcoin development, education, research, and policy through independent organizations.
Strive (Nasdaq: ASST) will begin paying daily cash dividends on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) from June 16, 2026, maintaining a 13.00% annual rate. Strive reported Q1 2026 GAAP net loss of $265.9 million, mainly from unrealized bitcoin losses, ended debt-free, and expanded its bitcoin treasury to 15,009 BTC, with total assets of $1.10 billion.
Strive (Nasdaq: ASST) purchased an additional ~789 Bitcoin on April 27, 2026, bringing its total holdings to ~14,557 Bitcoin. True North, Strive's research & media sub-brand, will run a "Bitcoin for Business" summit in Lake Oswego on May 21, 2026 for CFOs, founders, treasurers, and business owners.
The release notes public-market context: public companies hold >1.15 million BTC (~$85 billion) and Bitcoin ETFs hold 1.28 million BTC; the company cites a large corporate buyer deploying $11.2 billion for 142,000+ BTC in 2026, based on publicly available sources.