Strive Expands Reserves to Reach 43,124 Bitcoin
The firm acquired 15,124 coins in October and is now the fourth largest corporate holder of the asset worldwide.
Strive reported the purchase of 15,124 Bitcoin during October. With this operation, the company's total holdings reached 43,124 coins. The accumulated volume for the first ten months of 2026 reached 35,497 units.
The third-quarter report revealed a net profit of 509 million dollars. This result was driven primarily by 533.7 million dollars in unrealized gains from Bitcoin appreciation. The company also raised 609 million dollars through an offering of perpetual preferred shares.
With these current figures, Strive holds the fourth position among publicly traded companies with the largest Bitcoin reserves. The firm is close to Twenty One Capital, which holds 390 more units. To surpass Metaplanet, the second-place company in the ranking, it would need an additional 877 Bitcoin.
Strive's expansion strategy involves evaluating new sectors. The company is analyzing opportunities in areas such as brokerage, banking services, decentralized finance, and tokenization. The goal is to use its balance sheet to leverage these business fronts.
The market reacted with caution to the financial data released on Friday. The company's shares fell 1.97% in early trading. Over the last month, the firm's stock has seen a decline of 32.15%.
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