Oct. 22 at 6:42 PM
Hey my friend,
Let me kindly explain a few important details that many people are missing — because once you see the full picture, it’s clear why this setup is powerful and why patience here truly matters. 🌅
🧩 1️⃣ Strive Is Not Just a Treasury Company
It’s already an investment and asset-management company operating in multiple business areas.
• Corporate Site: https://strive.com/
• ETF Management Arm: https://www.strivefunds.com/
They earn from fund management fees, treasury holdings, and operational businesses — not just Bitcoin appreciation.
💼 2️⃣ ETFs Under Management ≈
$2.3 Billion (May 2025 Report)
Strive Asset Management reported managing about
$2.3 billion in ETFs as of May 2025.
• 📄 SEC Source: https://www.sec.gov/Archives/edgar/data/1955745/000095010325005818/dp228638_425-pr.htm
• 📊 Fund Information: https://www.strivefunds.com/
This proves Strive already operates at institutional scale — a real player in the ETF world.
🪙 3️⃣ Bitcoin Treasury ≈
$1.5 Billion
They’ve signed and executed a
$1.5 billion Bitcoin accumulation contract.
• 📰 PR Newswire: https://www.prnewswire.com/news-releases/strive-asset-management-and-asset-entities-nasdaq-asst-announce-750m-private-investment-to-fund-first-wave-of-bitcoin-accumulation-302465846.html
Yes — someone did try to sue both companies (Strive + Semler Scientific) after the merger news.
But think about it: Who did they sue? A new company co-founded by Vivek Ramaswamy, a major figure in the U.S. Conservative movement.
That’s not going to restrict anything — it’s just a procedural shareholder move, not a real obstacle.
💰 4️⃣ Cash Raised ≈
$2.5 Billion
Strive’s float expanded from 6 million to ~700 million shares.
If the average selling price was ≈
$3.21 per share, that’s around
$2.25–
$2.5 billion in fresh capital.
This will show up as cash on the next revenue statement, significantly strengthening their balance sheet.
💸 5️⃣ PIPE / Private Investment ≈
$750 Million
They also secured a
$750 million PIPE investment to fund early Bitcoin and ETF operations.
• 📄 http://Investing.com: https://www.investing.com/news/company-news/strive-completes-merger-with-asset-entities-raises-750-million-93CH-4237617
🏦 6️⃣ Big-Picture Summary — Estimated Value Map
1️⃣ ETF Division (AUM ≈
$2.3 B)
• Source: SEC May 2025 Report
• Represents managed ETF funds under Strive Asset Management.
2️⃣ Bitcoin Treasury ≈
$1.5 B
• Source: PR Newswire Release
• Signed, funded, and operational.
3️⃣ Cash Raised ≈
$2.5 B
• From ~700 million shares sold at ~
$3.21 average price.
• Expected to appear as cash in the next financial statement.
4️⃣ PIPE Investment ≈
$750 M
• Source: http://Investing.com Report
5️⃣ Total Combined Exposure ≈
$7 B+
•
$2.3 B (ETFs) +
$1.5 B (Bitcoin) +
$2.5 B (Cash) +
$0.75 B (PIPE)
• Current market cap ≈
$500 M — meaning the market has yet to price in these assets.
🔒 7️⃣ The Locker Analogy
Think of
$ASST like buying a locked storage unit for only
$500 million.
Inside that locker sits:
•
$2.3 B in ETFs
•
$1.5 B in Bitcoin
•
$2.5 B in cash and PIPE funds
Right now the market doesn’t see what’s inside — but when that locker opens, everything changes.
🗓️ On November 13 (Revenue Date) — everything will be obvious.
That’s when the market finally sees the true value hidden inside the locker.
💎
$ASST — the undervalued treasure chest waiting to be unlocked.
$SMLR