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Get filing alertsStrive reports $257.6M Q2 loss driven by bitcoin fair-value decline, retires all debt
Filed August 10, 2026 · Period ending August 10, 2026 · ~1 min read
Key Changes
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GAAP net loss of $257.6M for Q2 2026, with $234.0M (94.1%) attributable to unrealized losses on bitcoin and preferred stock holdings due to market-value declines.
Exhibit 99.1 view on EDGAR → -
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Acquired 6,236 bitcoin in Q2 2026 (12,237 in H1 2026), achieving Bitcoin Yield of 23.9% for the quarter and 37.7% for the six-month period.
Exhibit 99.1 view on EDGAR → -
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Retired all outstanding short-term and long-term debt; zero debt outstanding as of August 7, 2026, with no margin requirements and no encumbered bitcoin.
Exhibit 99.1 view on EDGAR → -
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Launched daily dividend payments on SATA preferred stock on June 16, 2026, paying 44 consecutive business-day dividends through August 7 at a current annualized rate of 13.00%.
Exhibit 99.1 view on EDGAR → -
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Item 2.02 verify on EDGAR →
Summary
The company posted a $257.6 million GAAP net loss, with 94% driven by unrealized fair-value declines on bitcoin and preferred stock holdings—a direct consequence of market volatility in digital assets during the quarter. Despite the accounting loss, Strive acquired 6,236 bitcoin in Q2 and achieved a 23.9% Bitcoin Yield, a non-GAAP metric measuring the accretive impact of bitcoin acquisitions on a per-share basis.
The company retired all debt by early August, leaving a balance sheet with $154.9 million in cash, $48.0 million in STRC preferred stock, and no leverage or margin requirements. Retail holders should understand that Strive's business model centers on accumulating bitcoin and managing volatility through its capital structure.
The GAAP loss reflects mark-to-market accounting, not cash realization, and the debt retirement positions the company to weather bitcoin price swings without forced liquidations. The daily SATA dividend program (44 consecutive payments at 13% annualized) and the ongoing Semler Scientific merger integration add complexity to the equity structure and future cash flows. The Bitcoin Yield metric signals management's focus on per-share bitcoin accretion, but the strategy exposes shareholders to continued fair-value volatility and execution risk in both the treasury operations and the merger integration.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Item 2.02 — Results of Operations and Financial Condition filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On August 10, 2026, Strive, Inc. (the “Company” or "Strive") issued a press release announcing the Company’s financial results for the quarter ended June 30, 2026.
Strive disclosed its financial results for the quarter ended June 30, 2026 via press release. The 8-K itself does not contain specific financial metrics; those would be in the attached Exhibit 99.1 press release.
Added in current filing · verify on EDGAR →
the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on Strive's future financial performance and the ability to successfully integrate the combined businesses
The filing references an ongoing merger transaction with Semler Scientific, Inc., highlighting expected strategic and financial benefits as well as integration efforts. This indicates a significant corporate combination is underway that management expects will impact future financial performance.
Added in current filing · verify on EDGAR →
changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets
This represents a material shift in treasury management approach with potential volatility implications for the balance sheet.
Added in current filing · verify on EDGAR →
Strive’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum
The company indicated it may adjust the monthly regular dividend rate for its SATA Stock. No specific new rate or timing was disclosed, but the mention signals potential changes to shareholder distributions on this class of stock.
Event · Exhibit 99.1
Strive reports Q2 2026 results: acquired 6,236 bitcoin, retired all debt, began daily SATA dividends, and posted a $257.6M GAAP net loss driven by bitcoin fair-value declines.
Added in current filing · view on EDGAR →
GAAP net loss of $257.6 million, for the three months ended June 30, 2026. $234.0 million (94.1%) of the GAAP net loss was attributable to the fair market value decrease of the Company's bitcoin and STRC Stock holdings.
Strive reported a GAAP net loss of $257.6 million for Q2 2026, with $234.0 million (94.1%) driven by unrealized losses on bitcoin and preferred stock holdings due to market-value declines. The company also disclosed a non-GAAP adjusted net loss attributable to common stockholders of $275.0 million, or $3.65 per diluted share, with $26.2 million (9.5%) attributable to SATA preferred stock dividends.
Added in current filing · view on EDGAR →
As of August 7, 2026, Strive's cash and cash equivalents totaled $154.9 million and our position in Variable Rate Series A Perpetual Preferred Stock of Strategy Inc. ("STRC Stock") had a fair value of $48.0 million.
As of August 7, 2026, Strive held $154.9 million in cash and cash equivalents and $48.0 million in STRC preferred stock at fair value. The company also disclosed 75,649,368 shares of Class A common stock, 9,792,535 shares of Class B common stock, and 7,829,502 shares of SATA preferred stock outstanding.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 11, 2026 · How we verify