24/7 Market News Snapshot 25 August, 2025 – Asset Entities Inc. Class B Common Stock (NASDAQ:ASST)

August 25, 2025

DENVER, Colo., 25 August, 2025 (www.247marketnews.com) – (NASDAQ:ASST) are discussed in this article.
Asset Entities Inc. is experiencing a remarkable surge in its Class B Common Stock, with shares trading at $5.674, marking a substantial increase of 28.37% from the previous day’s closing price of $4.420. This robust trading activity, reflected in a pre-market volume of 9.00 million shares, highlights strong investor confidence and enthusiasm surrounding the company. As technical indicators suggest building momentum, traders are closely monitoring Asset Entities Inc. closely for potential further gains.

In addition to the stock performance, Asset Entities has taken a significant step forward with its recently effective registration statement on Form S-4, approved by the U.S. Securities and Exchange Commission (SEC) for its proposed merger with Strive Enterprises, Inc. This key development sets the stage for a virtual special meeting of stockholders scheduled for September 9, 2025, during which four important merger-related proposals will be voted upon.

The Board of Asset Entities has unanimously endorsed the merger and associated transactions, asserting that they serve the best interests of the company and its shareholders. Notably, stockholders representing over 40% of the voting rights have already committed their support, with an additional 10% needed for approval.

Post-merger, the combined entity will operate under the name Strive, Inc., trading under the ticker symbol “ASST,” positioning itself as a leading public Bitcoin Treasury Company with ambitious plans to accumulate Bitcoin assets. Enhanced by a projected PIPE financing, expected to yield over $750 million in gross proceeds, the merger aims to strengthen the company’s financial foundation significantly.

Matt Cole, current CEO of Strive, will lead the new organization, while Arshia Sarkhani, President and CEO of Asset Entities, will serve as Chief Marketing Officer and join the board. Sarkhani expressed excitement about the transformative potential of this merger, indicating the company’s readiness to establish a significant presence in the Bitcoin treasury sector post-completion. As final approvals hinge on stockholder votes and Nasdaq listing applications, shareholders are encouraged to review the official proxy statement filed with the SEC for more information.

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