Profitelligence Profitelligence · Filing Ledger Open ASST research →

Form 8-K · Current Report · Filed 2025-05-07

Asset Entities to Merge with Strive Asset Management to Form Bitcoin Treasury Company

On May 6, 2025, Asset Entities Inc. entered into a definitive Agreement and Plan of Merger with Strive Asset Management, LLC. The merger aims to create the first publicly traded Bitcoin Treasury Company, focusing on maximizing Bitcoin exposure and shareholder value. The combined company will leverage Strive Asset Management's Bitcoin accumulation strategies. The merger is subject to conditions, including shareholder approval, and is expected to close by November 6, 2025. A press release announcing the merger was issued on May 7, 2025. Certain stockholders of Asset Entities Inc. have entered into a Voting and Support Agreement to support the merger. The transaction is expected to provide strategic and financial benefits to the combined company.

Filer
Strive, Inc. Class A Common Stock ASST · NASDAQ
Filed
Accession
0001213900-25-040419
CIK
0001920406
Signal
Medium impactFinancial Services

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Material Agreement Amendment
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$12.20

Next session

+1160.7%

Since filing

+138.0%

Latest close

$29.04

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ASST reporting the same item, with the next session's move:

Asset Entities Inc. Waives Restrictions on ATM Offering-2.9%
Asset Entities Regains Compliance with Nasdaq Rule+1.7%
Asset Entities Inc. Granted Extension for Nasdaq Compliance-8.2%
Asset Entities Inc. Modifies Rights of Series A Convertible Preferred Stock+17.8%
Nasdaq Grants Asset Entities Inc. Extension to Regain Compliance-6.9%

Exhibits (3)

About Strive, Inc. Class A Common Stock

Strive, Inc. Class A Common Stock represents the publicly traded common equity of Strive, Inc., a financial services company focused on asset management and investment advisory services. Strive primarily serves investment vehicles through portfolio management and research-driven investment processes, with a business model centered on managing exchange-traded funds and related institutional investment solutions. The company’s operations are organized around asset management activities and corporate treasury functions, making the stock relevant to investors tracking both traditional fund management and digitally oriented balance-sheet strategies. Strive, Inc. is headquartered in Dallas, Texas, and its Class A common stock is used to reflect the market’s view of the company’s current business mix, client base, and role in the investment management sector.

Exchange NASDAQ Industry Asset Management Company website ↗

Never miss another ASST filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts