24/7 Market News Snapshot 07 May, 2025 – Asset Entities Inc. Class B Common Stock (NASDAQ:ASST)

May 7, 2025

DENVER, Colo., 07 May, 2025 (www.247marketnews.com) – (NASDAQ:ASST) are discussed in this article.
Asset Entities Inc. (ASST) is experiencing a remarkable surge in its Class B Common Stock, currently trading at $1.557, reflecting an impressive increase of 155.25% from the previous close of $0.610. The stock has seen a substantial pre-market volume of 29.02 million shares, indicative of escalating investor interest and confidence in the company’s growth potential. This dramatic price movement has positioned ASST as a focal point in the market, and technical indicators suggest momentum that may attract further investment.

In parallel, Strive Asset Management has announced a definitive merger with Asset Entities Inc., aiming to create a pioneering force in Bitcoin treasury management. This strategic partnership is expected to combine Strive’s substantial asset base, estimated at $2 billion, with innovative financial strategies to enhance Bitcoin exposure for shareholders. The merger is set to establish the newly formed entity as a publicly traded Bitcoin Treasury Company listed on NASDAQ, under the leadership of Strive CEO Matt Cole, who possesses extensive institutional experience.

One of the key features of this merger is the approach to leverage Bitcoin in a tax-efficient manner, allowing investors to exchange Bitcoin for equity without incurring immediate tax liabilities under Section 351 of the U.S. tax code. This strategy not only aims to unlock significant value but also to merge with other asset-rich, undervalued publicly traded companies.

Following the completion of the merger, the combined company will have access to an established shelf registration statement that will allow it to raise up to $1 billion for Bitcoin accumulation through equity and debt offerings. Strive’s mission to foster financial freedom and advocacy for shareholders aligns with this merger, signaling a transformative approach to corporate treasury management in the Bitcoin landscape. Observers are encouraged to stay tuned for more developments and insights during a scheduled presentation by CEO Matt Cole at the Strategy World conference.

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