Asset Entities Approves Merger with Strive to Form Bitcoin Treasury
TechFlame
2025-09-09 22:57
TechFlame2025-09-09 22:57
English
TechFlame reports that Asset Entities (ASST) shareholders approved the merger with Strive, a subsidiary of Vivek Ramaswamy. After the merger, the company changed its name to Strive, Inc., and continued NASDAQ trading, with Matt Cole as CEO. After the news was announced, ASST's stock price rose 17% on the same day and then rose 35% after the market. The merger aims to create a Bitcoin-focused digital asset treasury company, and plans to complete a $750 million private placement.