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Strive Reports $474.8 Million Net Income With 63.2% Bitcoin Yield
(3 hours ago) · 1 source · Summarized by CryptoBipto
Strive, trading under the ticker ASST, reported $474.8 million in common net income. The company also disclosed a Bitcoin yield of 63.2%, a metric related to its Bitcoin treasury strategy.
WHY IT MATTERS
Some publicly traded companies have adopted a strategy of holding Bitcoin as a major part of their corporate treasury, similar to how a company might hold cash reserves or gold.
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SOURCES
- bitcoinmagazine.com
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