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Strive acquires 6,001 Bitcoin in Q1, posts net loss of $265.9 million

2026-05-15 00:01

Odaily reported that Bitcoin treasury company Strive released its Q1 2026 financial results and announced that starting June 16, 2026, its SATA preferred shares will switch to daily dividend payments on business days, maintaining an annualized dividend rate of 13%. As of May 12, 2026, Strive’s Bitcoin reserves stood at 15,009 BTC, including approximately 5,048 BTC acquired through its acquisition of Semler Scientific. During the first quarter of 2026, the company added 6,001 Bitcoin to its holdings, and purchased an additional 1,381 Bitcoin during the second quarter up to May 12. The financial report shows that Strive posted a GAAP net loss of $265.9 million in Q1, of which approximately $295.8 million in losses was related to the decline in the fair value of its Bitcoin holdings.