Quarterly ResultAug 10, 2026, 07:07 AM
Strive Q2 Net Loss $257.6M; Digital Asset Losses $228M
AI Summary
Strive, Inc. reported a net loss of $257.6 million for the three months ended June 30, 2026, with total revenues of $2.941 million. This significant loss was primarily driven by a $228.0 million net unrealized loss on digital assets. The company's total assets grew to $1,377.1 million, largely due to increased digital asset holdings, and the Semler Scientific merger contributed a $66.7 million bargain purchase gain for the six-month period.
Key Highlights
- Net loss for the three months ended June 30, 2026, was $257.6 million.
- Total revenues for the three months ended June 30, 2026, reached $2.941 million.
- Net unrealized loss on digital assets was $228.0 million for the quarter.
- Basic net loss per common share was $3.77 for the three months ended June 30, 2026.
- Total assets increased to $1,377.1 million as of June 30, 2026, from $745.5 million.
- Digital assets (Bitcoin) held were $1,164.6 million (19,864 bitcoin) as of June 30, 2026.
- The Semler Scientific merger resulted in a $66.7 million bargain purchase gain for H1 2026.
- Cash and cash equivalents rose to $145.5 million from $67.5 million since year-end 2025.
Price Impact
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