Strive (NASDAQ:ASST) Releases Earnings Results, Beats Expectations By $2.39 EPS
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15 Articles
Strive (NASDAQ:ASST) Releases Earnings Results, Beats Expectations By $2.39 EPS
Strive (NASDAQ:ASST - Get Free Report) released its earnings results on Friday. The company reported $5.46 earnings per share for the quarter, topping the consensus estimate of $3.07 by $2.39. Strive had a negative return on equity of 141.47% and a negative net margin of 10,957.22%.
Strive Q3 Profit and Bitcoin Purchases
Strive reported $509 million in GAAP net income for Q3 and disclosed the purchase of 15,124 BTC between October 1 and 30, alongside a $609 million financing. Read the original on Strive Q3 Profit Hits $509M, Buys 15,124 BTC. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Strive, which holds the fourth-largest Bitcoin reserve among publicly traded companies, announced its third-quarter results. The company stated that it accelerated its purchases in October and explored opportunities in new areas ranging from banking to decentralized finance.
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