Asset Entities shareholders approve merger with Ramaswamy's Strive to create bitcoin treasury company
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最新报道：Asset Entities (ASST) shareholders approved the merger with Strive Enterprises, enabling the transformation into a bitcoin-focused digital asset treasury. The combined entity, renamed Strive, Inc., will trade under ASST, with Matt Cole as CEO. The stock surged 17% to $6.28, gaining another 35% after-hours. The reverse merger, announced in May, allows tax-free bitcoin-for-equity exchanges under U.S. tax code Section 351 and includes plans to evaluate distressed Bitcoin claims. A $750 million private placement is expected, with potential additional funding. Strive Asset Management, a subsidiary, oversees $2 billion in assets.
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