Strive, Inc.
For the period ended May 14, 2026. Filed May 14, 2026.
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May 14, 2026 · Filed May 14, 2026
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Contents
EX-99.1 · (in thousands, except share and per share data)
(in thousands, except share and per share data)
| March 31,2026 | December 31,2025 | |
|---|---|---|
| (unaudited) | (audited) | |
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $95,092 | $67,499 |
| Investments in preferred equity, at fair value | 50,510 | — |
| Prepaid expenses | 2,590 | 2,708 |
| Other current assets | 2,787 | 1,569 |
| Total current assets | 150,979 | 71,776 |
| Digital assets, at fair value | 929,396 | 668,486 |
| Property and equipment, net | 872 | 778 |
| Intangible assets, net | 14,994 | 355 |
| Right-of-use lease assets | 3,932 | 4,037 |
| Other non-current assets | 96 | 95 |
| Total assets | $1,100,269 | $745,527 |
| Liabilities: | ||
| Current liabilities: | ||
| Compensation and benefits payable | $3,667 | $164 |
| Accounts payable and other liabilities | 4,881 | 8,560 |
| Dividends payable | 4,647 | 2,053 |
| Total current liabilities | 13,195 | 10,777 |
| Long-term notes payable, at fair value | 9,701 | — |
| Operating lease liabilities | 3,416 | 3,512 |
| Total liabilities | 26,312 | 14,289 |
| Mezzanine equity: | ||
| Variable Rate Series A Preferred Stock, $0.001 par value; 20,000,000 shares authorized, 4,373,194 and 2,012,729 shares issued and outstanding, $437.3 million and $201.3 million redemption value and liquidation preference as of March 31, 2026 and December 31, 2025, respectively | 359,174 | 148,802 |
| Total mezzanine equity | 359,174 | 148,802 |
| Stockholders’ equity: | ||
| Class A common stock, $0.001 par value; 22,200,000,000 shares authorized, 59,286,628 and 34,936,745 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 59 | 699 |
| Class B common stock, $0.001 par value; 1,050,000,000 shares authorized, 9,872,157 and 9,776,540 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 10 | 196 |
| Additional paid-in capital | 1,468,128 | 1,055,595 |
| Accumulated deficit | (753,414) | (474,054) |
| Total stockholders’ equity | 714,783 | 582,436 |
| Total liabilities, mezzanine equity, and stockholders' equity | $1,100,269 | $745,527 |
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