Strive, Inc. announced the successful completion of the merger between Asset Entities Inc. and Strive Enterprises, Inc.
The combined company will trade on Nasdaq under the ticker ASST and embark on a Bitcoin accumulation strategy.
Equity financing of approximately $750 million has been finalized, with potential additional proceeds of up to $1.5 billion upon warrants exercise.
Bitcoin Treasury Strategy
Strive is the first publicly traded asset management Bitcoin treasury company focusing on outperforming Bitcoin per share over the long term.
Growth in Assets Under Management
Strive Asset Management, LLC, a subsidiary, has grown to manage over $2 billion in assets since launching its first ETF in August 2022.
Equity Financing
The company has secured $750 million in equity financing and has the potential for an additional $750 million through warrant exercises.
- Strive's strategic merger and financing indicate a strong commitment to growth and innovation in the cryptocurrency space.
- The initiation of a Bitcoin accumulation strategy positions Strive as a significant player in the asset management sector with a focus on digital assets.
Strive, Inc.'s merger completion and the launch of its Bitcoin accumulation strategy mark significant milestones in its journey towards becoming a leading player in asset management, particularly in the realm of digital assets.