US EditionAsset Entities’ Shareholders Approve Merger with Strive
The merger enables a $1.5 billion capital raise through PIPE financing and warrants to acquire significant Bitcoin assets including distressed claims, aiming for long-term shareholder value.
- On September 9, 2025, Asset Entities Inc. stockholders voted to approve a merger with Strive Enterprises, Inc., in Dallas, Texas.
- Following Strive’s stockholders’ approval on September 4, the merger aims to establish a prominent publicly traded company focused on Bitcoin holdings with strong financing support.
- As part of the merger closing, the Company plans to complete a PIPE transaction aimed at raising more than $750 million, with the possibility of securing an additional $750 million through warrant exercises, resulting in total potential proceeds exceeding $1.5 billion primarily intended for Bitcoin acquisitions.
- Asset Entities, which holds 20,136 bitcoin, will adopt the name Strive, Inc. after the merger and maintain its listing on the Nasdaq stock exchange using the ticker symbol ASST, with Matt Cole serving as CEO.
- This approval enables the firm to implement disciplined strategies to maximize Bitcoin per share and aims to build a successful Bitcoin Treasury Company.
16 Articles
16 Articles
Vivek Ramaswamy’s Strive Enterprises Going Public Via SPAC Merger
Asset Entities Inc (ASST) announced that its shareholders have approved a merger with Strive Enterprises. Following Strive’s shareholder approval on Sept.4, this paves the way for the combined company, to be renamed Strive Inc., to pursue a bitcoin treasury strategy.Former presidential candidate Vivek Ramaswamy co-founded Strive Enterprises in 2022.Matt Cole — currently the head of Strive Asset Management — will lead the combined company as chai…
Asset Entities Stock Trends, Soars 52%, On Strive Merger Approval: Another Bitcoin Treasury Company In The Making - Asset Entities (NASDAQ:ASST)
Asset Entities Inc. (NASDAQ:ASST) is trending on Wednesday. Strive Merger Boosts Shares Shares of the Texas-based marketing platform surged 52.07% to $9.55 during after-hours trading on Tuesday after shareholders approved the company’s transformational merger with Strive Enterprises, Inc., an Ohio-based asset management firm. Check out the current price of ASST stock here. Combined Entity Targets Bitcoin Treasury Leadership The merger, supported…
Hastings Tribune
Asset Entities’ Shareholders Approve Merger with Strive
Dallas, TX, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (Nasdaq: ASST) today announced that its stockholders have voted to approve the previously announced merger with Strive Enterprises, Inc. (“Strive”), whose stockholders approved the…
Strive Merger Sparks 52% Jump as Company Plans $1.5B Bitcoin Reserve
Key highlights: Strive merger triggers 52% surge in Asset Entities shares Company plans to buy $1.5B in Bitcoin, joining top holders Reverse merger chosen as safer path over SPAC structure Shares of marketing company Asset Entities soared 52% in over-the-counter trading after shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises. The combined company will be renamed Strive, Inc. and will continue trading under the ticker ASS…
Asset Entities soars 35% as shareholders greenlight Strive Bitcoin merger
The post Asset Entities soars 35% as shareholders greenlight Strive Bitcoin merger appeared on BitcoinEthereumNews.com. Asset Entities Inc.(ASST) shares rallied in the extended session late Tuesday after the company said shareholders had approved a merger with Strive Enterprises. The deal is projected to create one of the world’s largest publicly traded Bitcoin treasury businesses and will seek to raise as much as $1.5 billion to acquire Bitcoin…
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