Strive posted a net profit of $509 million in Q3 2026, mainly due to $533.7 million in unrealized gains from its bitcoin holdings. The company holds 43,124 BTC valued at about $3.25 billion after buying 15,124 bitcoins in October. Despite low revenue from operations, Strive's profit is largely driven by bitcoin price increases, though it still had a net loss of $14.5 million in the first nine months of 2026. The company continues to raise capital and expand its bitcoin reserves but faces risks from bitcoin price volatility and financial obligations from preferred shares.
Strive's bitcoin-related profits provide context for cryptocurrency market activity on Pluang. As of Nov 07, 2026 15:41 WIB, 31 of 50 major cryptocurrencies rose while 17 fell. Notable price changes include THETA up 2.28% at Rp2.693 and XTZ up 2.20% at Rp4.683, with typical hold times ranging from 61 to 101 days.
Ether (ETH), the second-largest cryptocurrency by market capitalization, briefly fell below the $2,250 mark, trading at $2,248 as of 4:16 a.m. ET on November 7. This small price movement shows ETH fluctuating just around a key support level, with a m...
Starting November 17, Russian retail investors can legally buy Bitcoin, Ethereum, and Tether's USDT through licensed brokers and exchanges under new rules by the Bank of Russia. The annual purchase cap for non-qualified investors is 300,000 rubles (a...
Ether is trading near $2,250 after a large investor placed a $45 million bet anticipating a rebound, supporting Wall Street strategist Tom Lee's view that selling pressure may be easing and the token could be near a bottom. Despite a 13% drop over th...
Dogecoin's price stood at $0.0721 on November 7, 2026, with its 50-day moving average below the 200-day since October 29, a technical pattern known as a death cross. This confirms a downtrend that began earlier but does not predict when prices will r...
XRP on the XRP Ledger does not provide staking rewards as validators receive no XRP and transaction fees are destroyed. Instead, returns come from other mechanisms such as automated market makers (AMMs) where liquidity providers earn trading fees, Fi...
