Call toll-free 800.328.1267

Insights AI

The market’s most important stocks, simplified

Asset Entities Inc. (ASST) announced the approval of its merger with Strive Enterprises, Inc., an Ohio-based asset management firm, resulting in a 52.07% surge in its stock during after-hours trading. The merger establishes the combined entity as a public Bitcoin Treasury Company, supported by a reverse-merger structure, zero debt, and $750 million in private placement financing (PIPE). Additionally, potential warrant exercises could bring the total capital infusion to over $1.5 billion, which will be used to execute Bitcoin acquisition strategies and maximize Bitcoin per share for investors. Post-merger, the company will be renamed Strive, Inc. and continue trading under the ticker ASST. Arshia Sarkhani, the current President of Asset Entities, will become Chief Marketing Officer and join the board of directors. Strive Enterprises, founded in 2022, manages over $2 billion in assets through its subsidiary, Strive Asset Management, LLC. The merger, pending Nasdaq listing clearance and other conditions, is expected to strengthen the company’s financial resources and strategic position in the Bitcoin Treasury sector.
Source content provided by Benzinga.
This content was created in whole or in part using Generative Artificial Intelligence (AI). Please read the disclosures found at the end of this content for more information.

Ready to make your move?

You’ve seen the news. It’s time to set your strategy. The TradeStation ecosystem is designed to execute your trades no matter how unique or complex. Set your strategy in motion with the advanced tools and brokerage services built specifically for those who are born to trade

Recent news for ASST

News in this section is provided by Benzinga and is written entirely by Benzinga authors. Articles are presented as they were provided by Benzinga, and do not represent the opinions of TradeStation or its employees.

By clicking one of the links below, you are leaving TradeStation.com.

Michael Saylor, Nayib Bukele, Tom Lee Stand Firm Amid Crypto Sell-Off — Here Are Entities Buying Bitcoin, Ethereum Dips Aggressively

While sentiment has soured due to the ongoing sell-off in the cryptocurrency market, several notable investors have continued to accumulate Bitcoin (CRYPTO: BTC) and <

Vivek Ramaswamy-Founded Strive Drew $37 Million Investment From This Pension Fund: What You Should Know

A Canada-based pension fund disclosed on Thursday that it had purchased millions of dollars' worth of shares in Bitcoin (CRYPTO: BTC)-focused treasury firm Str

About ASST

Strive Inc is engaged in providing investment advisory, wealth management, and consulting services through its subsidiary. Its objectives is to (i) accumulate Bitcoin; (ii) increase Bitcoin-per-share; and (iii) outperform Bitcoin over the long run ... Read more

Ways to trade options* on ASST

Bearish Option Strategy: Long Puts

Traders buy a single put option on a stock or ETF. This strategy can benefit from a price drop while risking more capital than a spread.

Learn more

  • 1
  • 2
  • 3

Insights AI filters through the noise to uncover meaningful data that natural-born traders can use to find new trading opportunities. Our AI model distills complex market news and data into accessible, actionable intelligence. Stay informed of market moves with curated trading intelligence and platform tips delivered directly to you.

Market Insights, Insights AI, and all related pages and content are hosted by TradeStation Group, Inc.

The symbols selected include stocks that meet a specific set of criteria: the 50 most active stocks based on 21-day options volume. ETFs and meme stocks are not included.

This Content was created in whole or in part using Generative Artificial Intelligence (AI). While efforts have been made to ensure accuracy, the Content is generated autonomously by AI algorithms and it may contain errors or inaccuracies. Users are advised to critically evaluate the information presented.

This Content is for educational and informational purposes only. Any symbols or trading strategies discussed are for demonstration purposes only and are not research or recommendations.

TradeStation Group, Inc. (“TradeStation”) pays third parties for the data and other information included on this page (the “Content”). The Content is derived from news and other information feeds provided by Accretive Capital LLC d/b/a Benzinga (“Benzinga”) and market activity. Benzinga is not affiliated with TradeStation. TradeStation makes the Content available for informational purposes only. The Content should not be considered an offer or solicitation tobuy, sell, or hold any investment/security. The Content is believed to be from reliable sources; however, TradeStation does not verify all of the information included in the Content for accuracy or completeness. TradeStation does not endorse any third-party content, and any views or opinions expressed in the Content do not necessarily represent the views and opinions of TradeStation. Any goods or services offered by Benzinga are not sponsored, endorsed, sold, or promoted by TradeStation, and TradeStation makes no representation regarding any such goods or services.

TradeStation does not endorse or adopt the Content, and makes no guarantees that the Content is accurate, complete, or timely. TradeStation assumes no responsibility for the accuracy, completeness, updates, changes, or timeliness of the Content. TradeStation does not provide investment, tax or legal advice. Any recommendation, opinion or advice regarding securities or markets contained in the Content does not reflect the views of TradeStation. TradeStation assumes no responsibility for any fact, recommendation, opinion or advice contained in the Content and expressly disclaims any responsibility for any decisions based upon any such Content.

Any decisions you may make to buy, sell or hold a security or other investment based on the Content or other third-party information will be entirely your own and not in any way deemed to be endorsed, influenced by or attributed to TradeStation. It is understood that, without exception, any order based on the Content that is placed with TradeStation for execution should be considered by you to be an unrecommended and unsolicited order. TradeStation will treat all such orders as unsolicited.

*Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com/DisclosureOptions. Visit www.TradeStation.com/Pricing for full detailson the costs and fees associated with options.