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Strive Goes Public Via Merger With Asset Entities (ASST) to Launch Bitcoin (BTC) Treasury Strategy

  • Strive Asset Management and Asset Entities announced a reverse merger to create a publicly traded Bitcoin treasury company in 2025.
  • The merger responds to growing institutional Bitcoin allocation amid shifting macroeconomic conditions and increased regulatory clarity in the US market.
  • The combined Strive entity will maintain its Nasdaq listing, operate under the Strive brand, and pursue long-term Bitcoin exposure per share using innovative investment strategies.
  • The company plans to raise up to $1 billion via equity and debt offerings enabled by an immediate shelf registration, supporting strategic and accretive Bitcoin accumulation.
  • This merger positions Strive alongside growing US public firms advancing corporate Bitcoin adoption and aims to offer Bitcoin holders a potential tax-free asset exchange under Section 351.
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Star Local broke the news in on Wednesday, May 7, 2025.
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