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Crypto6 Nov, 16:40 UTCUnited States

Strive posts Q3 profit as Bitcoin gains lift results

Strive reported a third-quarter profit driven by gains on its Bitcoin holdings. Figures differ between accounts, so the exact profit is unclear.

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Crypto · 6 Nov, 16:40 UTC

Strive reported a profit for the third quarter, helped by gains on the Bitcoin it holds. Figures given for the profit include about $509 million and $474.8 million.

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Bitcoin gains were put at $534 million. The company has also been stepping up its Bitcoin purchases.

In numbers

$534 millionStrive Bitcoin gains
$126 millionAmerican Bitcoin Q3 profit

Bitcoin, the past month

$75,653down −11.40%

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Separately, American Bitcoin Corp. reported a third-quarter profit of $126 million as the value of Bitcoin rose. The company is backed by Trump family interests and faces pressure in mining, while some rivals turn to artificial intelligence work.

Bitcoin$75,653down −11.40%over 1 month

Prices by CoinGecko. Past moves say nothing about future ones.

$1,000 in Bitcoin

Had you put Amount in dollars$ into Bitcoin a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

Where: United States
Published: 6 Nov, 16:40 UTC
Section: Crypto
Markets: Bitcoin

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
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