Strive, Inc. and Asset Entities Join Forces to Buy $1.5 Billion Worth of Bitcoin

Jakarta, Pintu News – Following shareholder approval, Asset Entities announced a merger with Vivek Ramaswamy’s Strive Enterprises. The merger gives birth to Strive, Inc. which plans to raise $1.5 billion for the purchase of Bitcoin (BTC). Asset Entities’ shares jumped sharply post-announcement, signaling strong support for the company’s shift in focus towards crypto.

Strategic Merger and Share Increase

The announcement of the merger was positively received by the market with Asset Entities’ shares rising 17.8% to $6.28 and jumping another 52% to $9.55 after trading hours. This shows that investors are in favor of the company’s big move towards blockchain technology and Bitcoin (BTC).

A “strong majority” of shareholders cast their votes for the merger, which marks a successful first step for Strive, Inc. Matt Cole, CEO of Strive Asset Management, will lead the newly merged company.

Meanwhile, Asset Entities CEO Arshia Sarkhani will serve as Chief Marketing Officer and board member. Vivek Ramaswamy, who co-founded Strive and is the youngest US presidential candidate in 2024, is yet to announce his role in the new venture.

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Bitcoin Buying Strategy

Strive, Inc. plans to fund its $1.5 billion Bitcoin (BTC) buyout through a combination of private investments and warrants. At current prices, this plan would secure approximately 13,450 Bitcoin (BTC), which would place Strive among the top 10 largest public companies holding Bitcoin (BTC).

The move follows an increasing trend among publicly traded companies that now hold more than one million Bitcoin (BTC), about 5.1% of the circulating supply. Michael Saylor and Strategy remains the leader with over 638,000 Bitcoin (BTC), while companies such as MARA Holdings and XXI follow close behind.

Strive is also interested in acquiring up to 75,000 Bitcoin (BTC) related to claims from the collapsed Mt. Gox exchange that has since collapsed. If successful, this would increase the Bitcoin-per-share ratio, a key metric in the treasury space.

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Future Vision and Bitcoin Adoption

With a launch in 2022, Strive has managed to raise $2 billion in assets. The partnership with Asset Entities, a social media marketing company not previously involved in crypto, signals a big bet on Bitcoin (BTC) adoption.

This move not only increases the company’s value but also positions Strive, Inc. as a key player in the ever-growing crypto industry. Strive’s seriousness in adopting Bitcoin (BTC) demonstrates the company’s long-term vision in integrating blockchain technology into its business operations.

With strong support from shareholders and a clear strategy, Strive, Inc. is expected to set an example for other companies in adopting digital currencies as part of corporate assets.

Conclusion

The merger between Asset Entities and Strive Enterprises opens a new chapter in the utilization of Bitcoin (BTC) at the corporate level. With a strong strategy and investor support, Strive, Inc. has the potential to change the power map in global corporate Bitcoin (BTC) ownership.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Asset Entities Merges with Strive to Launch $1.5B Bitcoin Treasury Plan. Accessed on September 11, 2025
• Featured Image: Strive