Asset Entities Inc. (ASST) is exploding in pre-market trading. The stock is up a stunning 455.7% after the company’s May 6, 2025, announcement of its merger with Strive Asset Management. This deal positions Asset Entities to become the first publicly traded Bitcoin Treasury company. Investors are clearly responding to this new direction, sending ASST’s stock price through the roof. With this merger, the company has now carved out a bold niche in Bitcoin accumulation.
Asset Entities Aims for Bitcoin Throne after Strive Merger
The merger with Strive Asset Management will create a company laser-focused on accumulating Bitcoin and maximizing returns through innovative financial strategies. The plan is simple but bold: leverage Strive’s expertise to accumulate Bitcoin while outpacing its market growth. This move is setting the stage for Asset Entities to thrive as a key player in the Bitcoin treasury space.
The deal comes at a time when institutional interest in Bitcoin is gaining momentum, with more and more firms looking to add the cryptocurrency to their balance sheets. By integrating Strive’s financial acumen, Asset Entities aims to capture the momentum of institutional investment, which could ultimately pay huge dividends for shareholders. According to the company’s statement, “We intend to evaluate all corporate capital deployment on whether it outperforms Bitcoin.”
Strive’s Expertise Powers Bitcoin Treasury Strategy
Strive Asset Management’s involvement is crucial, bringing in the necessary expertise to execute on a Bitcoin-centric strategy. This partnership focuses on utilizing innovative financial mechanisms, like offering equity in exchange for Bitcoin, and engaging in strategic acquisitions to expand the firm’s Bitcoin holdings. The goal is clear: to create a stronger, more resilient balance sheet and position the company to capitalize on Bitcoin’s future growth.
With the merger, Asset Entities plans to raise up to $1 billion through equity and debt offerings. This capital will be used to accelerate its Bitcoin acquisition strategy and ensure its position as a leader in this unique financial niche.
At the time of writing, Bitcoin is sitting at $99,621.
