Asset Entities Shareholders Approve Merger With Strive Enterprises, Paving Way For Bitcoin Treasury Company

Asset Entities Inc. ("Asset Entities" or the "Company") (NASDAQ:ASST) today announced that its stockholders have voted to approve the previously announced merger with Strive Enterprises, Inc. ("Strive"), whose stockholders approved the transaction on September 4, 2025. The approval, which was supported by a strong majority of Asset Entities' shareholders, marks the next step in creating a leading public Bitcoin Treasury Company.


The closing of the Merger is subject to the satisfaction of certain conditions, including the clearance by The Nasdaq Stock Market LLC of the Company's listing application, subject to official notice of issuance. Upon the completion of the merger, the combined company will be renamed Strive, Inc. and continue to trade on Nasdaq under the ticker symbol ASST. The combined company will be led by Matt Cole, as Chief Executive Officer and Chairman of the Board. Asset Entities President and CEO Arshia Sarkhani will serve as Chief Marketing Officer and as a member of the Board of Directors.

Concurrent with the merger closing, the Company expects to consummate a private placement financing (PIPE) that is anticipated to result in aggregate gross proceeds of more than $750 million, with an additional $750 million potentially available upon the exercise of warrants issued in the PIPE, for potential aggregate gross proceeds of over $1.5 billion.