Strive–Asset Entities Merger Brings Bitcoin Strategy to Wall Street

ASST Stock Surges After Asset Entities Merger News

Asset Entities Merger With Strive, Paving Way for Bitcoin Treasury Company Shareholders give green light

Asset Entities’ investors voted to approve the merger with Strive Enterprises, a move that will create a public company focused on holding bitcoin. The combined company will be renamed Strive, Inc. and will continue trading under the ticker ASST. The vote clears a major step toward the new firm’s plan to raise large sums of money to buy bitcoin.

Source : X 

What’s the Deal ?

Under the plan, Strive aims to raise up to $1.5 billion to buy BTC. That money would come from a private placement and other financing steps tied to the merger. Executives say the merged company will be a public “bitcoin treasury”  firm that holds large amounts of BTC on its balance sheet. The agreement also uses a tax-free exchange structure that the companies say will help move funds and cryptocurrency into the new entity.

Market reaction and Asset Entities Stock jumps

Following the vote, ASST stock witnessed a massive surge. Per Yahoo Finance, the stock closed the regular session at $6.28, representing a 17.82% daily gain. However, the true spike came pre-market, as ASST skyrocketed by 134.24% to $14.71. With all the buzz in the market and investor enthusiasm towards this stock, if the hype spills into the next session, the stock may be pushed towards $20 on its strong speculative momentum and incredible trading interest.

Source : Yahoo Finance

News of the approval sent Asset Entities’ shares sharply higher in after-hours trading.  Investors are trading the story that the combined company will move into digital gold holdings quickly. Traders and crypto watchers said the merger follows a wave of other public companies taking crypto currency onto their books.

Leadership and Companies plans

Ramaswamy's firm leadership structure for the merged company was also outlined. Matthew Cole is expected to lead the new firm as CEO, while Asset Entities’ current leaders will take new roles, including marketing and board seats. 

The company has said it may also pursue smart strategic purchases to build its treasury more quickly. This move replicates the Michael Saylor’s Strategy expansion and gaining top position among corporate treasuries. 

The wider picture — Strive’s Bitcoin bond ETF filing

This deal comes after Ramaswamy's firm filed proposals earlier to launch an innovative “Bitcoin bond” ETF, a product that would give investors exposure to bonds or convertible securities tied to companies that hold digital coins. 

The ETF idea and the public-company treasury plan together show the firm's push to build several ways for investors to access corporate crypto exposure. 

What to watch next

Watch three items closely: 

• The final closing of the merger and Nasdaq clearance, 

• Details and size of the immediate private placements and how quickly the it buys BTC, 

• Any updates about the Strive BTC bond ETF filing and whether regulators comment. 

The Asset entities merger with Strive marks a striking example of traditional public companies moving decisively into crypto. The deal’s approval is only the start: how the new firm executes its buying plan, funds operations, and handles volatility will shape whether investors view this as a bold strategy or risky bet.