Asset Entities shareholders approve merger with Strive to form a Bitcoin Finance Company, planning to raise $1.5 billion to buy Bitcoin
Source: ForesightNews
Time: 2025-09-10 10:18:36
Shareholders of marketing company Asset Entities (ASST) approved a merger with Strive Enterprises, a subsidiary of Vivek Ramaswamy, a former head of the U.S. government efficiency department, to form a Bitcoin finance company. Asset Entities said the "overwhelming majority" of shareholders voted for the merger and planned to raise $1.5 billion to buy Bitcoin. The new company will be renamed Strive, Inc. and continue trading under the stock code ASST. Asset Entities shares closed up 17.8% to $6.28 on Tuesday, after the company announced a merger gain of more than 52% to $9.55.