Strive Asset Management (ASST) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
10 Aug, 2026Executive summary
Adopted a bitcoin-focused treasury strategy, using bitcoin as a hurdle rate for capital deployment and value creation.
Completed the Semler Scientific Merger, adding medical device operations and assets.
Acquired 6,236 bitcoin in Q2 2026 and 12,237 bitcoin in the first half of 2026, with an additional 303 bitcoin acquired post-quarter end.
Issued significant equity and preferred stock, expanding capital markets activity and liquidity.
Retired all outstanding short and long-term debt, leaving the company debt-free as of August 7, 2026.
Financial highlights
Total revenues for Q2 2026 were $2.9M, up 94.6% year-over-year, driven by medical device revenues post-merger.
Net loss attributable to common stockholders for Q2 2026 was $(283.8)M, compared to $(8.9)M in Q2 2025.
Net unrealized loss on digital assets for Q2 2026 was $(228.0)M; for the six months ended June 30, 2026, $(523.8)M.
Declared $26.2M in preferred stock dividends for Q2 2026 at a 13.00% annual rate.
Operating expenses for Q2 2026 were $24.4M, up from $5.2M in Q2 2025.
Outlook and guidance
Management believes liquidity is sufficient to meet strategic and working capital needs for at least the next twelve months.
Plans to continue capital markets activity and bitcoin acquisitions, with $4.4B available for future equity and preferred stock issuance.
Management believes daily dividend innovation will drive long-term accretive Bitcoin yield for equity shareholders.
Forward-looking statements highlight risks related to Bitcoin treasury strategies, market conditions, and integration of recent merger activities.
Latest events from Strive Asset Management
- First listed security to pay daily dividends, delivering 13% yield and zero-debt structure.ASST
Investor presentation - Q1 2026 featured a transformative merger, daily dividends, and a large bitcoin-driven net loss.ASST
Q1 2026 - Reported $393.6M net loss despite strong bitcoin accumulation and capital raises.ASST
Q4 2025 - Ratification of KPMG LLP as auditor for 2026 is up for shareholder vote.ASST
Proxy Filing - Shareholders will vote virtually on ratifying KPMG LLP as auditor, with board support.ASST
Proxy Filing - Raised $762.6M, held 7,525 bitcoin, and posted a $192.3M net loss, mainly non-cash.ASST
Q3 2025 - 914,832 shares of Class B Common Stock registered for resale, with no proceeds to the company.ASST
Registration Filing - Resale registration of 467,489 shares may cause significant dilution and price volatility.ASST
Registration Filing - Resale of 7.75M shares may cause significant dilution and volatility, with limited company proceeds.ASST
Registration Filing