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Strive adds 15,124 Bitcoin in October, reports 43,124 BTC held and fourth place among listed treasuries

Cointelegraph · 2026-11-06
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Strive, a publicly listed Bitcoin treasury firm (ticker ASST), said in its Friday third-quarter earnings report that it bought 15,124 bitcoin in October. That lifted its purchases for the first ten months of 2026 to 35,497 BTC and left it holding 43,124 BTC as of 30 October. BitcoinTreasuries.NET ranked that stash fourth among listed corporate treasuries: Strive sat 390 BTC behind third-place Twenty One Capital and 877 BTC short of second-place Metaplanet’s 44,000 BTC, assuming neither rival adds more. CEO Matt Cole had said in a September interview that Strive could finish the year as the world’s second-largest publicly traded corporate bitcoin holder, while stressing that was not his base case.

The company posted $509 million of third-quarter net income, largely from $533.7 million in unrealized bitcoin gains. In October it also raised about $609 million in net proceeds from an offering of SATS perpetual preferred stock paying a 15% annual dividend, without saying how much of that capital would go into further bitcoin. Management said it is reviewing banking, brokerage, decentralized finance, reinsurance and tokenization as ways to use the balance sheet, but gave no concrete plans or timelines and did not answer Cointelegraph’s questions before publication. Shares fell 1.97% to $20.19 in early Friday trade, extending a one-month drop of 32.15%, according to Yahoo Finance at the time of writing.

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Source: Cointelegraph · via ahirlevel.hu

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