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Strive, Inc. 10-Q Filings

ASST NASDAQ

Every 10-Q that Strive, Inc. (ASST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ASST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASST filings page.

Rhea-AI Summary

Strive, Inc. reported sharply wider losses driven by its bitcoin-focused treasury strategy and rapid balance sheet expansion. For the six months ended June 30, 2026, the company recorded a net loss of $523.5 million, mainly from a $523.8 million net unrealized loss on digital assets, plus additional losses on preferred equity investments and debt extinguishment. After $39.7 million of preferred dividends, the net loss attributable to common stockholders was $563.2 million, or $8.22 per share.

Total assets rose to $1.38 billion from $745.5 million at year-end 2025, largely due to growth in digital assets, which reached $1.16 billion (about 19,864 bitcoin) and the Semler Scientific acquisition, which generated a $66.7 million bargain purchase gain. Strive also built a $702.4 million mezzanine preferred equity layer via its SATA Stock and raised substantial cash through at-the-market offerings: $306.2 million of Class A common equity and $356.7 million of SATA Stock in the first half.

Despite negative operating cash flow of $39.4 million, Strive ended the period with $145.5 million in cash and cash equivalents and no remaining convertible notes or Coinbase loan. Revenue grew to $5.7 million, including new medical device revenues following the Semler Scientific merger, though operating expenses increased significantly as the company scaled its asset management, medical device, and corporate bitcoin operations.

Rhea-AI Summary

Strive, Inc. reported a sharp widening of losses as its bitcoin-focused strategy drove large mark-to-market volatility in the quarter ended March 31, 2026. Total revenue rose to $2.8 million from $1.4 million, helped by $1.4 million of medical device revenue added through the Semler Scientific acquisition, while investment advisory fees were roughly flat.

The company recorded a net unrealized loss on digital assets of $295.8 million as bitcoin prices fell, contributing to a net loss of $265.9 million and a net loss attributable to common stockholders of $279.4 million, or $4.53 per share. Operating expenses climbed to $20.6 million, driven by higher compensation and general and administrative costs, including $6.5 million of share-based compensation.

Strive ended the quarter with $929.4 million of digital assets, representing about 13,628 bitcoin, plus $95.1 million in cash and $50.5 million of preferred equity investments. It is funding its bitcoin treasury and acquisitions through at-the-market issuances of Class A common stock and its high-yield Variable Rate Series A Perpetual Preferred Stock, which paid a 12.75% annualized dividend rate and had 4.4 million shares outstanding at quarter-end. After repurchasing remaining convertible notes after the quarter, Strive reports no debt outstanding.

Rhea-AI Summary

Strive, Inc. (ASST) reported third‑quarter results reflecting its transition to a bitcoin‑treasury asset manager. For the Successor period from September 12–30, 2025, Strive posted a net loss of $192.3 million, driven by a $140.8 million goodwill and intangible impairment and $24.9 million losses on digital assets and derivatives, on $0.3 million in revenue. Operating expenses were $19.5 million, including $16.3 million of share‑based compensation.

At September 30, assets totaled $792.6 million, including $672.9 million of digital assets at fair value (about 5,886 bitcoin with a $683.0 million aggregate cost). Cash was $109.1 million; equity was $779.4 million; liabilities were $13.1 million.

The company closed a $749.6 million PIPE on September 12 (Class A shares plus pre‑funded and traditional warrants) and raised $59.2 million via its at‑the‑market program. Subsequent events: purchase of 1,639.4 bitcoin for $170.2 million, $14.9 million of warrant‑exercise proceeds, and a $149.3 million IPO of variable‑rate preferred (SATA). As of November 7, 2025, shares outstanding were 592,579,510 Class A and 222,904,100 Class B.

Rhea-AI Summary

Financial highlights (Q2/6M ended Jun 30, 2025): Revenue was $173,259 for the quarter (up 86.4% YoY) and $344,008 for six months. Net loss was $2,664,611 for the quarter and $4,288,829 for six months. Cash and cash equivalents totaled $2,518,441 and accumulated deficit was $16,330,381. Total assets were $3,262,441 and total liabilities were $578,447 as of June 30, 2025.

Liquidity and corporate actions: Ionic Ventures, LLC confirmed it will invest up to $3.0 million in Series A Convertible Preferred Stock on request. ATM program net proceeds to date were $4,830,647.56. The Company entered an A&R Merger Agreement with Strive and signed May 2025 Subscription Agreements expected to raise approximately $750.3 million (and up to ~$1.5 billion if warrants are exercised), subject to closing conditions and stockholder approvals. Management states existing cash plus expected financings should support operations at least 12 months from issuance date.