Asset Entities and Stripe merge to establish a publicly traded asset management Bitcoin finance company

Foresight News reported that according to Business Insider, digital marketing and content delivery service provider Asset Entities (NASDAQ: ASST) announced that it has reached a final merger agreement with Strike Asset Management. The merged company will operate under the Strike brand, continue to be listed on NASDAQ, and become a publicly traded Bitcoin finance company. Strive CEO Matt Cole will introduce the deal and company strategy at the Strategy World conference at 2:15 pm US time today. Strive Asset Management will drive the accumulation of Bitcoin through value-added strategies, including plans to exchange the merged company's equity for Bitcoin for the first time and provide tax-free protection for investors under Section 351 of the US tax code; Acquiring cash at a discounted price by merging with companies with excess capital; And releasing additional leverage to accumulate Bitcoin, while utilizing internal fixed income and derivative expertise to hedge risks in innovative ways.