$1.5B BTC Treasury Company Coming as Asset Entities Approves Merger With Vivek Ramaswamy's Strive

Group 1 - Asset Entities Inc (ASST) shareholders have approved a merger with Strive Enterprises, leading to the formation of a new entity named Strive Inc. that will pursue a bitcoin treasury strategy [1] - The merger is contingent upon Nasdaq listing clearance and other customary conditions [2] - Matt Cole will serve as chairman and CEO of the combined company, while Arshia Sarkhani will become chief marketing officer and board member [2] Group 2 - Strive expects to finalize a $750 million private placement (PIPE) financing upon closing, with potential gross proceeds exceeding $1.5 billion if warrants are exercised [3] - The company aims to maximize bitcoin per share through a disciplined, long-term strategy designed to outperform Bitcoin itself [3] - ASST shares have increased by 38% in U.S. mid-morning trade [3]