Strive, Inc.
For the period ended May 14, 2026. Filed May 14, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 14, 2026 · Filed May 14, 2026
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Contents
EX-99.1 · Key Highlights:
Key Highlights:
Acquired a total of 6,001 bitcoin during thefirst quarter ended March 31, 2026, including 5,048 bitcoin from the acquisition of Semler
Scientific, Inc. and 953 bitcoin from open market purchases.
Acquired an additional 1,381 bitcoin during the period from April 1, 2026 through May 12, 2026.
Since Strive's announcement on May 4, 2026, Strive has acquired an additional 9 bitcoin, bringing our total bitcoin treasury
to 15,009 bitcoin.
Achieved a Bitcoin Yield of 11.1% in Q1 2026 and 4.6% QTD (as of May 12, 2026) in Q2 2026.
Generated a Bitcoin Gain of ₿848 BTC in Q1 2026 and ₿621 QTD (as of May 12, 2026) in Q2 2026.
Generated a Bitcoin $ Gain of$57.8 million in Q1 2026 and$50.1 million QTD (as of May 12, 2026) in Q2 2026.
As of May 12, 2026, Strive's cash and cash equivalents totaled$87.6 million and our position in Variable Rate Series A Perpetual
Preferred Stock of Strategy Inc. ("STRC Stock") had a fair value of$50.5 million. Strive had 63,211,995 and 9,870,636 shares of
Class A common stock and Class B common stock, respectively, and 4,959,536 shares of SATA Stock outstanding as of May 12,
During the period from April 1, 2026 to May 12, 2026, the Company repurchased theremaining balance of long-term notes payable, at
fair value. As of May 12, 2026, the Company hasno short or long-term debt outstanding.
Consummated the acquisition of Semler Scientific, Inc. ("Semler Scientific") in an all-stock transaction, resulting in Strive acquiring
the approximately 5,048 bitcoin held by Semler Scientific. Strive intends to monetize the business as it remains focused on its bitcoin
accumulation strategy.
On January 27, 2026, the Company completed a follow-on registered public offering of 1,320,000 shares of its SATA Stock at a price
to the public of $90.00 per share, resulting in net proceeds of approximately$109.3 million, after deducting the underwriting discounts
and commissions and the Company’s offering expenses. Strive utilized these proceeds, along with cash on hand, to retire the $20
million loan with Coinbase Credit Inc., which Strive assumed as part of the acquisition of Semler Scientific. Concurrent with the
above public offering, Strive exchanged approximately 929,999 shares of SATA Stock, with a $93.0 million notional balance, for
$90.0 million of the principal balance of the convertible notes assumed as part of the acquisition of Semler Scientific, representing
90.0% of the principal balance of the convertible debt principal balance assumed from Semler Scientific.
GAAP net loss of$265.9 million, for thethree months ended March 31, 2026.$295.8 million (96.6%) of the GAAP net loss was
attributable to the fair market value decrease in bitcoin holdings.
Non-GAAP adjusted net loss attributable to common stockholders 1 of$319.7 million, or$5.19 per diluted common share 1, for the
three months ended March 31, 2026.$295.8 million (92.5%) of the$319.7 million non-GAAP adjusted net loss attributable to
common stockholders was attributable to the fair market value decrease in bitcoin holdings and$13.7 million (7.5%) was attributable
to other business operations. Non-GAAP adjusted net loss attributable to common stockholders subtracts non-recurring and non-cash
items from GAAP net loss attributable to common stockholders.
"SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16,
2026, at a current annualized rate of 13.00%. This is a true zero-to-one innovation," said Matthew Cole, Chairman & Chief Executive Officer of
Strive, Inc. "Today, Strive stands debt-free, with zero margin requirements, and zero encumbered Bitcoin; a balance sheet purpose-built to thrive
through Bitcoin volatility. We're thrilled to unveil the next chapter for Strive: The Daily Dividend Company."
(1) Non-GAAP adjusted net loss, non-GAAP adjusted net loss attributable to common stockholders, and non-GAAP adjusted net loss per diluted common share are non-GAAP measures. See page 4 for reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measures.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.