- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Asset Entities stock surges over 200% after Strive merger and Bitcoin news
By: bitcoin ethereum news|2025/05/08 07:30:02
0
Share
Asset Entities surged over 200% in trading following news that it will merge with Strive Asset Management to form the first publicly traded Bitcoin treasury asset manager. The combined entity will operate under the Strive brand and remain listed on NASDAQ, with a mission to maximize long-term Bitcoin exposure per share. The new company intends to accumulate Bitcoin (BTC) aggressively using a multi-pronged approach. This includes a first-of-its-kind offering that allows accredited investors to exchange Bitcoin for equity in the public company, potentially in a tax-free manner under Section 351 of the U.S. tax code. The company also plans to acquire undervalued public companies with strong cash positions and use fixed-income and derivatives strategies to hedge risk while leveraging Bitcoin accumulation. At the time of writing, Asset Entities is trading at $2.32, up over 280%. Bitcoin strategy different from Strategy Strive’s approach sets it apart from traditional Bitcoin treasury companies like Strategy by treating Bitcoin as the benchmark for capital allocation, not just an asset to hold. It also aims to outperform Bitcoin itself by using institutional investing expertise to drive accretive growth. Strive Asset Management, which currently manages about $2 billion in assets, is known for its activist investment strategy focused on financial freedom and anti-ESG initiatives. With the merger, Asset Entities strengthens Strive’s outreach capabilities and positions the new company as a corporate advocate for Bitcoin adoption. The reverse merger will grant the firm immediate access to a shelf registration statement, which it plans to expand to $1 billion to fund Bitcoin purchases through equity and debt offerings. CEO Matt Cole, who previously managed $70 billion in fixed income portfolios, will lead the company, backed by a management team with crypto, finance, and legal expertise, according to a company release. Source: https://crypto.news/asset-entities-stock-surges-over-200-after-strive-merger-and-bitcoin-news/
You may also like
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Hardness is a protocol-level commitment to Ethereum core properties, including censorship resistance, privacy, security, and permissionlessness.
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
The real enemy is no longer each other, but zero cost itself
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Bezos doesn't invest in a new model; he invests in a supply chain.
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
No brand, no marketing, let developers vote with their feet in 8 days
Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.
During a weekend of relentless volatility, while traditional financial markets were closed, another wave of investors was busy trading gold, oil, and silver on a blockchain platform.
Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?
If it's really that profitable, what's keeping $PUMP's price down?
Understanding x402 and MPP in One Article: The Two Paths of Agent Payments
x402 for in-protocol payments, MPP for off-chain payments
Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?
The project's core innovation areas include stablecoin payments, AI applications, prediction markets, and RWA tokenization.
It's not just the prediction market that profits from the Iraq War
Always maintaining the ambiguity of regulation with "offshore" may be the consensus of the perp DEX.
The "bank card" of AI has caught the attention of the giants
AI has not learned how to spend money yet, and the people who fix banks for it have already arrived.
Morning News | U.S. SEC approves tokenized trading on Nasdaq; Animoca Brands announces investment in AVAX tokens; Algorand Foundation completes strategic integration
Overview of Important Market Events on March 19
$70 trillion wealth transfer, the financial gateway is being rewritten | Interview with Robinhood CEO Vlad Tenev
The next key competition in the financial sector may revolve around where the "intergenerational wealth transfer" of up to $90 trillion will ultimately flow.
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.
App