Financial results for the third quarter show a substantial profit for Strive as the firm increases its bitcoin holdings to 43,124 BTC, despite a decline in share price.
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Financial results for the third quarter show a substantial profit for Strive as the firm increases its bitcoin holdings to 43,124 BTC, despite a decline in share price.
Strive’s bitcoin stash reached 43,124 BTC as its shares continued to slide despite a profitable third quarter. SATA and SATS imply about $287.4 million in annual dividends at November rates and Oct. 30 share counts, a cost excluded from its Bitcoin Yield metric.
The Block reported the story as "Strive’s bitcoin gains drive $509 million Q3 profit as BTC buying ramps up."
2 sources have covered this story, including The Block and The Defiant. The earliest reporting in the cluster landed about 2 days ago.
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Left 0Center 2Right 0No left or right outlets yet.
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Who carried it, in order
- FirstThe DefiantNov 6, 9:03 AM ET · United StatesCenter
- +2h 4mThe BlockNov 6, 11:07 AM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.