Strive, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission on August 10, 2026, reporting a net loss of $523.5 million for the six months ended June 30, 2026.

Key Highlights

  • Six-month net loss: Strive reported a net loss of $523,509 thousand for the six months ended June 30, 2026 (Successor period).
  • Digital asset losses: The company recorded a net unrealized loss on digital assets, at fair value, of $523,809 thousand for the six months ended June 30, 2026.
  • Total assets grew: Total assets increased to $1,377,109 thousand as of June 30, 2026, from $745,527 thousand as of December 31, 2025.
  • Digital assets on balance sheet: Digital assets, at fair value, stood at $1,164,639 thousand as of June 30, 2026, compared to $668,486 thousand at December 31, 2025.
  • Preferred stock redemption value: Variable Rate Series A Preferred Stock had a redemption value and liquidation preference of $783.0 million as of June 30, 2026, with 7,829,502 shares issued and outstanding.
  • Bargain purchase gain: The company recorded a bargain purchase gain of $66,704 thousand in the six months ended June 30, 2026.
  • Shares outstanding: As of August 7, 2026, Strive had 75,649,368 shares of Class A common stock and 9,792,535 shares of Class B common stock outstanding.

Strive's Financial Position and Operating Results for the First Half of 2026

According to the filing, Strive, Inc. (Nasdaq: ASST), a Nevada corporation headquartered in Dallas, Texas, reported total revenues of $5,701 thousand for the six months ended June 30, 2026, compared to $2,934 thousand in the same Predecessor period of 2025. Revenue sources included investment advisory fees of $2,859 thousand and medical device revenues of $2,758 thousand, with $84 thousand in other revenue. Total operating expenses for the same period were $45,017 thousand, driven primarily by employee compensation and benefits of $29,367 thousand and general and administrative expense of $12,366 thousand.

The company disclosed total investment losses of $532,082 thousand for the six months ended June 30, 2026, consisting primarily of a net unrealized loss on digital assets, at fair value, of $523,809 thousand, a net unrealized loss on investments in preferred equity, at fair value, of $5,472 thousand, and other investment loss of $2,801 thousand. These losses produced a net operating loss of $571,398 thousand for the period. Other income and expense items included a bargain purchase gain of $66,704 thousand, transaction costs of $6,525 thousand, and a loss on extinguishment of debt of $8,431 thousand, resulting in net other income of $47,889 thousand.

The filing reported that after accounting for preferred stock dividends of $39,663 thousand, the net loss attributable to common stockholders was $563,172 thousand, or $8.22 per basic and diluted common share, for the six months ended June 30, 2026. The company's accumulated deficit stood at $1,037,226 thousand as of June 30, 2026, versus $474,054 thousand at December 31, 2025. Cash and cash equivalents increased to $145,466 thousand from $67,499 thousand over the same period. The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.

What Was Disclosed

Strive, Inc. filed a quarterly report covering the period ended June 30, 2026, disclosing a six-month net loss of $523,509 thousand, largely driven by unrealized losses on digital assets, alongside growth in total assets to $1,377,109 thousand and an expanded preferred stock program.