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Form 8-K · Current Report · Filed 2025-11-14

Strive, Inc. Reports Q3 2025 Financial Results and Merger Agreement

Strive, Inc. announced its financial results for the third quarter and nine months ended September 30, 2025, reporting a GAAP net loss of $192.3 million and $192.29 million respectively. The company completed a reverse acquisition of Asset Entities Inc., raised $762.6 million through PIPE financing, and entered into an agreement to acquire Semler Scientific, Inc. Strive also announced the issuance of 2,000,000 shares of its Variable Rate Series A Perpetual Preferred Stock. The company held 7,525 Bitcoin as of November 7, 2025, with a fair value of $672.9 million.

Filer
Strive, Inc. ASST · NASDAQ
Filed
Accession
0001628280-25-052342
CIK
0001920406
Signal
High impactFinancial Services

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Miss General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$23.00

Next session

-9.6%

Since filing

+26.3%

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:

Strive, Inc. Announces IPO of Variable Rate Series A Perpetual Preferred Stock-6.0%
Strive, Inc. Approves Amendments to Articles of Incorporation and Bylaws-11.1%
Strive, Inc. Files Prospectus Supplement for Share Resale-40.3%
Strive Appoints Ben Werkman as Chief Investment Officer-19.2%
Strive, Inc. Reports Preliminary Financial Results for Q3 2025+3.6%

About Strive, Inc.

Strive, Inc. is an asset management company specializing in Bitcoin treasury strategies and structured finance solutions. It operates as an institutional asset manager, emphasizing disciplined capital allocation to create long-term value through the accumulation and management of Bitcoin holdings. The company provides services focused on maximizing shareholder value via a Bitcoin-centric balance sheet approach, including treasury operations that prioritize increasing Bitcoin per share. Strive, Inc. serves institutional clients and shareholders interested in cryptocurrency-integrated asset management, offering exposure to Bitcoin as a core reserve asset. Its offerings extend to advocating and implementing innovative treasury policies that integrate digital assets into corporate finance. Founded in the United States, Strive, Inc. plays a distinctive role in the investment management sector by bridging traditional finance with Bitcoin adoption, enabling companies and investors to incorporate cryptocurrency into their financial frameworks.

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