Strive, Inc. operates as a structured finance company and institutional asset manager with reportable activities in investment advisory services and corporate bitcoin treasury operations. Its Strive Asset Management, LLC subsidiary is an SEC-registered investment adviser, while the Corporate & Other segment includes the company’s bitcoin holdings and related capital allocation framework.
Recurring news for Strive covers bitcoin treasury updates, purchases of bitcoin and bitcoin-related securities, financial results, and capital-structure actions involving its Variable Rate Series A Perpetual Preferred Stock, traded as SATA. Company updates also address preferred stock dividend declarations and rate adjustments, governance matters, material agreements, and business education or media initiatives connected to corporate bitcoin finance.
Asset Entities (NASDAQ:ASST) announced that its S-4 Registration Statement for the proposed merger with Strive Enterprises has been declared effective by the SEC. The company will hold a virtual special meeting on September 9, 2025 for stockholders to vote on the merger proposals.
The merger will transform ASST into Strive, Inc., a Bitcoin Treasury Company, while maintaining the ASST ticker. The deal includes a $750 million PIPE financing with potential for an additional $750 million through warrants. Post-merger, Strive stockholders will own 94.2% of the combined company, while ASST stockholders will retain 5.8%.
Currently, stockholders representing over 40% of voting power have committed to support the merger, with approximately 10% additional votes needed for approval. Matt Cole will serve as CEO and Chairman, while current ASST CEO Arshia Sarkhani will transition to CMO and board member.
Asset Entities (NASDAQ: ASST) has successfully regained compliance with Nasdaq Listing Rule 5550(b)(1) by meeting the minimum stockholders' equity requirement of $2.5 million. The company received confirmation from Nasdaq's Staff on February 18, 2025, following their Form 8-K filing on February 14, 2025.
After being notified of non-compliance on August 21, 2024, the company implemented several measures including cost reduction initiatives, capital raising for future acquisitions, and utilizing at-the-market offering to exceed the required $2.5 million threshold. The company must maintain compliance in its March 31, 2025 periodic report to avoid potential delisting.
Asset Entities, a provider of digital marketing and content delivery services across Discord, TikTok, and other social media platforms, reports significant revenue growth over the last year and plans to expand its presence in the TikTok Shop space as a new TikTok Shop Partner.
Asset Entities (NASDAQ: ASST) announced surpassing 9,000 members on its TikTok Shop Creator Discord community, following its official TikTok Shop partnership established on December 11, 2024. This milestone was achieved in just over 30 days, positioning the company to collaborate with more brands and increase Gross Merchandise Value (GMV).
As a TikTok Affiliate, Asset Entities receives fixed commissions on sales generated by creators for brands. The company highlighted a success story of a member named Kimberly, who generated over $195,000 in GMV and earned more than $35,000 in commission payouts. Creators in the ecosystem earn commissions by producing UGC content featuring products, while brands benefit from increased revenue through content-driven sales.
Asset Entities (NASDAQ: ASST) has been approved as an official TikTok Shop Partner following its acquisition of TikTok Shop community, TikTok Money Machine, in November 2024. The company will collaborate with TikTok to connect brands with creators in the affiliate marketing space. TikTok's platform, with approximately 1.2 Billion users, has seen around 38% of users making direct purchases through its shop feature. The platform has generated estimated revenue exceeding $20 Billion from Shop features as of 2024, with content creators earning commissions from product sales through their videos.
Asset Entities (NASDAQ: ASST) has acquired a 50% ownership of film, TV, streaming, and media rights to Jeff Blue's story 'One Step Closer: From Xero to #1: Becoming Linkin Park'. The agreement includes Blue writing the screenplay, expected to be completed by February 2025. The story chronicles Blue's journey in discovering and developing Linkin Park, leading to their debut album Hybrid Theory becoming the best-selling debut rock album of the 21st Century. The band has sold over 100 million albums and 30 million singles worldwide. Asset Entities views this acquisition as a potential significant revenue generator, given Linkin Park's massive global fanbase.
Asset Entities (NASDAQ: ASST) has acquired TikTok Money Machine's assets and Discord community, which teaches content creators how to sell products on TikTok Shop through product content videos. The acquisition includes consulting agreements with TikTokers having 4.7 million TikTok followers and 280,000 Instagram followers. The Company expects this acquisition to generate approximately $300,000 in annual revenue. This follows Asset Entities' recent report of a 237% increase in gross revenues for the period ending September 30, 2024. TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023.
Asset Entities (NASDAQ: ASST) has signed an agreement with Netflix star Jas Leverette to develop and manage a subscription-based digital dog training community on Discord. Leverette, star of 'Canine Intervention' and renowned dog behavioralist with over 460,000 Instagram followers, will provide personal instruction through his facility Cali K9 on obedience, socialization, behavior modification, and puppy training. The platform will feature problem-solving strategies for dog owners. Leverette's client list includes notable athletes like Stephen Curry and celebrities such as Michael B. Jordan and Kevin Hart.