{"id":248599,"date":"2026-11-06T16:15:00","date_gmt":"2026-11-06T16:15:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=248599"},"modified":"2026-11-06T16:15:00","modified_gmt":"2026-11-06T16:15:00","slug":"strive-asst-posts-474-8-million-common-net-income-as-bitcoin-yield-hits-63-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=248599","title":{"rendered":"Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%<\/a><\/p>\n

<\/div>\n

Strive reported<\/a> $474.8 million of net income attributable to common stockholders for the third quarter ended Sept. 30, a print that arrived Friday alongside a company claim that Class A total return had outperformed bitcoin by 103.7% year to date through the same date.<\/p>\n

GAAP net income was $509.0 million, or $5.24 a share on a fully diluted basis. Almost all of that came from a $533.7 million unrealized gain on digital assets marked to fair value. Operating revenue for the quarter was just $2.7 million, so the earnings line is a treasury mark, not a fee business.<\/p>\n

In a post<\/a> on X that led with the outperformance figure, Strive also highlighted a year-to-date bitcoin yield of 63.2% and a bitcoin dollar gain of $9.00 per assumed diluted share outstanding, both measured through Sept. 30. Chairman and CEO Matthew Cole tied those metrics to the stock\u2019s relative showing against the asset.<\/p>\n

\u201cStrive has continued to successfully execute on its treasury management strategy, delivering a strong bitcoin yield year to date in 2026, which I believe is the primary driver of our common equity\u2019s outperformance relative to Bitcoin so far this year,\u201d Cole said<\/a> in the earnings release.<\/p>\n

Bitcoin yield, buys and the preferred stack<\/h2>\n

Bitcoin yield, as Strive defines it, is the percentage change in bitcoin per share over a period \u2014 not a cash yield. On that measure the company posted 18.5% in the third quarter alone and 19.3% from Oct. 1 through Oct. 30, after the SATS preferred<\/a> debut.<\/p>\n

Strive acquired<\/a> 8,136 bitcoin in the third quarter at an average cost of about $78,885 and 20,373 bitcoin over the nine months ended Sept. 30. Another 15,124 coins followed between Oct. 1 and Oct. 30. Holdings stood at 28,000 bitcoin on Sept. 30 and 43,124 by Oct. 30, keeping Strive among the largest public corporate stacks after recent multi-thousand-coin buys<\/a> and smaller weekly adds that still trailed Strategy<\/a>.<\/p>\n

Digital assets at fair value were $2.34 billion on the Sept. 30 balance sheet. Cash had risen to $490.4 million by Oct. 30, and Strive still held Strategy\u2019s variable-rate STRC preferred with a fair value of about $50.1 million.<\/p>\n

The capital stack that funded the buys is mostly perpetual preferreds. On Oct. 20 Strive closed a registered offering of 7 million shares of its 15% Series A perpetual preferred (SATS) for about $609 million in net proceeds. Preferred dividends of $34.2 million in the quarter are what turned the $509.0 million GAAP profit into the $474.8 million common figure.<\/p>\n

Strip the story to nine-month GAAP and the picture flips. For the nine months ended Sept. 30, Strive posted a net loss attributable to common stockholders of $88.4 million. The third-quarter profit is real under fair-value accounting, but it is concentrated in one mark-to-market line.<\/p>\n

What ASST stock has done over the past year<\/h2>\n

ASST itself has not moved in a straight line with the company\u2019s bitcoin-yield scoreboard. Shares closed<\/a> at $20.59 on Thursday, down about 10% on the day, and traded near $20.70 early Friday. That leaves the stock roughly 29% below its level a year earlier, when Yahoo Finance data put the close near $29, and about 33% under its Oct. 21 local high of $30.75.<\/p>\n

The 52-week range on Yahoo Finance runs from $7.02 to $34.40. Year to date, the price path from the Jan. 2 close near $17.30 into the mid-$20s is a gain of roughly 20%, with a February low near the 52-week floor and a September push back toward $30. Through Sept. 30 \u2014 the cutoff on Strive\u2019s outperformance claim \u2014 ASST had risen about 70% from that January close while bitcoin was down roughly 7% over the same window on Yahoo Finance data, a wide gap even before the company\u2019s own total-return methodology.<\/p>\n

The longer chart still carries the scar of 2025, when Asset Entities became the public shell for Strive\u2019s bitcoin-treasury reverse merger and the share price spiked into triple digits on weekly closes before collapsing. Investors who held through that conversion saw a different ride than the tidy year-to-date relative-return figure Strive put at the top of Friday\u2019s note.<\/p>\n

Cole said the recent SATS issuance leaves Strive \u201cnever been in a better position to generate long-term returns in excess of Bitcoin for our common equity shareholders.\u201d The test for ASST from here is whether another quarter of bitcoin yield and preferred-funded buys can reopen the gap to bitcoin after a year in which the stock still sits well below where it traded twelve months ago, even as the treasury has climbed past 30,000 then 40,000 bitcoin<\/a>.<\/p>\n

This post Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million of net income attributable to common stockholders for the third quarter ended Sept. 30, a print that arrived Friday alongside a company claim that Class A total return had outperformed bitcoin by 103.7% year to date […]<\/p>\n","protected":false},"author":0,"featured_media":248600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-248599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/248599"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=248599"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/248599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/248600"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=248599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=248599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=248599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}