Asset Entities Agrees To Merge With Strive Asset Management, Stock Soars

(RTTNews) - Asset Entities Inc. (ASST), Wednesday announced the decision to merge with with Strive Asset Management, forming the first publicly traded Asset Management Bitcoin Treasury Company. The financial details of the transaction have not been disclosed.

The combined entity, which will operate under the Strive brand, aims to maximize Bitcoin exposure per share, outperform Bitcoin over the long run, and maximize value for common equity shareholders.

Notably, Matt Cole will lead the company as CEO and Chairman of the Board.

Currently, ASST is trading at $1.7, up 176.02 percent on the Nasdaq.