Strive Reports $509 Million Third-Quarter GAAP Profit
Strive reported $509 million in third-quarter GAAP net income and purchased 8,136 BTC during the quarter. It bought another 15,124 BTC from October 1 through October 30.
TL;DR: Strive reported $509 million in third-quarter GAAP net income and said it purchased 8,136 BTC during the quarter, followed by another 15,124 BTC between October 1 and October 30. Its financing structure and accounting gains matter as much as the headline accumulation figures.Bitcoin treasury…