earnings
confidence high
sentiment negative
materiality 0.75
Strive reports Q4 2025 GAAP net loss of $393.6M; bitcoin holdings total 13,628 BTC
Strive, Inc.
- GAAP net loss of $393.6M for period Sept 12-Dec 31, 2025; $194.5M loss due to bitcoin fair value decline.
- Non-GAAP adjusted net loss attributable to common stockholders $208.2M, or $4.73 per diluted share (adjusted for 1-20 reverse split).
- Bitcoin holdings reached 13,628 BTC as of March 17, 2026; Bitcoin Yield of 22.2% in Q4 2025.
- Completed SATA preferred offerings raising $148.4M (Nov) and $109.2M (Jan); retired $20M Coinbase loan.
- Acquired Semler Scientific (~5,048 BTC) in all-stock deal; $50M invested in Strategy Inc. STRC preferred.