Strive reports $509 million Q3 income as Bitcoin gains hit $534 million
Photo: Crypto Briefing
The Bitcoin treasury company's quarter was powered by unrealized gains, and its accumulation kept going in October Strive, the Nasdaq-listed Bitcoin treasury company trading as ASST, reported $474.8 million in third-quarter net income attributable to common stockholders. That works out to diluted earnings per share of $5.24. The company also reported a 63.2% year-to-date Bitcoin yield , its preferred measure of how fast it grows Bitcoin per share. Before preferred dividends, Strive posted GAAP net income of $509 million for the quarter. Most of that came from about $534 million in unrealized gains on its digital asset holdings.
Source: Crypto Briefing
