Growth
Strive Reports Strong Bitcoin Yield and Net Income
Strive (ASST) reported $474.8 million in net income attributable to common stockholders for the third quarter, with almost all of the income coming from a $533.7 million unrealized gain on digital assets. The company also highlighted a year-to-date bitcoin yield of 63.2% and a bitcoin dollar gain of $9.00 per assumed diluted share outstanding. The earnings release also showed a year-to-date outperformance of 103.7% versus bitcoin, attributed to Strive's successful treasury management strategy.