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Strive, Inc.

ASST

Strive, Inc. • NASDAQ
$1.12 ▼ -0.88% (-0.01)
Market Cap $663.69 M
52w High $13.42
52w Low $0.34
Dividend Yield 0%
P/E -28
Volume 38.62M
Outstanding Shares 592.58M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $984K ▲ $5.812M ▲ $-6.802M ▼ -691.26% ▲ $-3.06 ▼ $-6.755M ▼
Q2-2025 $173.259K ▲ $2.865M ▲ $-2.665M ▼ -1.538K% ▼ $-0.89 ▼ $-2.663M ▼
Q1-2025 $170.749K ▼ $1.828M ▼ $-1.624M ▲ -951.231% ▼ $-0.55 ▲ $-1.622M ▲
Q4-2024 $212.761K ▲ $2.188M ▲ $-1.965M ▼ -923.629% ▼ $-0.67 ▼ $-1.969M ▼
Q3-2024 $202.921K $1.385M $-1.315M -648.217% $-0.41 $-1.314M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $109.069M ▲ $792.576M ▲ $13.147M ▲ $779.429M ▲
Q2-2025 $12.615M ▲ $22.433M ▲ $11.714M ▲ $10.719M ▲
Q1-2025 $4.209M ▲ $4.994M ▲ $460.543K ▲ $4.534M ▲
Q4-2024 $2.661M ▲ $3.217M ▲ $430.895K ▲ $2.787M ▲
Q3-2024 $2.098M $2.553M $297.597K $2.255M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-206.653M ▼ $-28.903M ▼ $-658.206M ▼ $790.165M ▲ $106.551M ▲ $-28.903M ▼
Q2-2025 $-2.665M ▼ $-1.69M ▼ $0 $0 ▼ $-1.69M ▼ $-1.69M ▼
Q1-2025 $-1.624M ▲ $-1.571M ▼ $0 ▲ $3.119M ▲ $1.548M ▲ $-1.571M ▲
Q4-2024 $-1.965M ▼ $-1.447M ▼ $-185.239K ▼ $2.194M ▲ $562.218K ▲ $-1.632M ▼
Q3-2024 $-1.315M $-1.131M $0 $1.302M $171.518K $-1.131M

Five-Year Company Overview

Income Statement

Income Statement Strive is essentially a pre-revenue, story-driven company at this stage. The financials show no meaningful operating revenue yet and small but persistent losses, which means the business is not currently paying its own way through normal operations. Earnings per share look very volatile and negative, reflecting restructuring, the SPAC background, and capital changes more than a mature, steady business model. The core economic thesis today rests on the value of its Bitcoin strategy, not on traditional profitability metrics.

Balance Sheet

Balance Sheet The reported balance sheet data here are not very informative and likely reflect gaps in this summary rather than the full picture from filings. Conceptually, Strive’s balance sheet is being reshaped around Bitcoin holdings funded mainly by equity capital and preferred stock, with a strategy that emphasizes little or no traditional debt. This creates flexibility but also concentrates risk: the asset side becomes heavily tied to Bitcoin’s price, and the equity side is sensitive to future share and preferred stock issuance. The financial position will move quickly as they raise capital, buy Bitcoin, and complete deals, so it is inherently dynamic rather than stable.

Cash Flow

Cash Flow Cash flows from normal operations appear minimal so far, with a small cash burn and essentially no internally generated fuel for growth. The real engine of cash movement is external: raising money from investors and then deploying it into Bitcoin and related strategies. This makes Strive highly dependent on continued access to capital markets and investor appetite for its story. Until a more recurring fee or income stream develops, cash flow will likely remain lumpy and closely linked to financing events and investment moves rather than day-to-day business activity.

Competitive Edge

Competitive Edge Strive is positioning itself as a focused Bitcoin treasury and asset manager, which places it in a niche between traditional asset managers, Bitcoin-heavy operating companies, and pure-play crypto funds or ETFs. Its strengths include a clear, aggressive philosophy, substantial planned capital for Bitcoin accumulation, and a balance sheet approach that leans away from heavy debt. It also has a differentiated governance and “shareholder-first” message that may resonate with a particular investor base. On the other hand, it is heavily concentrated in one volatile asset class, must compete for attention with larger, better-known Bitcoin vehicles, and faces regulatory, execution, and reputation risks that are higher than those of a diversified financial services firm.

Innovation and R&D

Innovation and R&D Innovation here is mainly financial and structural rather than traditional technology R&D. Strive is experimenting with tax-efficient ways for investors to contribute Bitcoin, structured credit tied to Bitcoin, distressed crypto claims, and acquisitions of cash-rich or undervalued companies to convert their value into Bitcoin. The SATA preferred stock and other capital-raising tools are also part of this financial engineering toolkit. The legacy social media and tech platform could be a supporting asset for marketing and community-building, but the core “innovation engine” is about creative deal structures, capital formation, and Bitcoin-focused investment strategies—not labs, patents, or heavy engineering spend.

Summary

Strive is in the middle of a major transformation from a small social media services firm into a highly specialized Bitcoin treasury and asset management platform. The current financial statements show an early-stage, pre-revenue profile with modest losses, and they do not yet fully capture the scale or risk of the new strategy. The company’s future will likely be driven far more by Bitcoin price moves, the success of its complex financial strategies, its ability to raise and deploy capital, and the regulatory environment than by traditional operating metrics. This creates a very high-risk, high-uncertainty profile: upside depends on successful execution and favorable market conditions, while downside is tied to concentration in a single volatile asset class and ongoing reliance on capital markets and sophisticated deal-making.

NEWS

November 14, 2025 · 4:05 PM UTC

Strive, Inc. Announces Third Quarter 2025 Financial Results

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November 10, 2025 · 9:40 AM UTC

Strive Announces Nasdaq Listing of SATA and Closing of Oversubscribed & Upsized IPO

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November 5, 2025 · 5:40 PM UTC

Strive Announces Pricing of Upsized Initial Public Offering of SATA Stock

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November 3, 2025 · 8:34 AM UTC

Strive Announces Proposed Initial Public Offering of SATA Stock

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October 6, 2025 · 7:00 AM UTC

Strive Appoints Ben Werkman as Chief Investment Officer to Advance Bitcoin Strategy

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