Sep. 9 at 8:45 PM
$ASST) shareholders have approved the merger with Strive Enterprises, marking a significant step toward creating a leading public Bitcoin Treasury Company. The merger received strong majority support, with Strive shareholders having approved the deal on September 4, 2025.
Post-merger, the combined entity will operate as Strive, Inc. and continue trading under ASST on Nasdaq. The leadership structure will feature Matt Cole as CEO and Chairman, while current Asset Entities CEO Arshia Sarkhani will transition to Chief Marketing Officer and Board member.
The transaction includes a substantial
$750 million PIPE financing, with potential for an additional
$750 million through warrant exercises, potentially totaling
$1.5 billion in gross proceeds. The company emphasizes its zero-debt profile and focus on disciplined, long-term strategies aimed at outperforming Bitcoin.
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