Welcome to our dedicated page for Strive news (Ticker: ASST), a resource for investors and traders seeking the latest updates and insights on Strive stock.
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) 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.
Asset Entities reported significant revenue growth for Q3 2024, with revenues reaching $202,921 compared to $60,135 in Q3 2023, marking a 237% year-over-year increase. The company, which provides digital marketing and content delivery services across Discord and other social media platforms, attributes this growth to recent strategic acquisitions and partnerships. Management expressed optimism about future growth through continued strategic initiatives and collaborations.
Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has received an extension until February 17, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1). The company must meet the minimum $2,500,000 stockholders' equity requirement for continued listing on The Nasdaq Capital Market tier.
Asset Entities presented a strategic plan to Nasdaq on October 7, 2024, detailing immediate and long-term strategies to regain compliance. The plan includes reducing operating costs and pursuing additional capital through strategic financing options. The company is working to improve its financial strength and operations, including ongoing cost reduction initiatives and raising additional capital for future acquisitions.
CEO Arshia Sarkhani expressed encouragement by Nasdaq's recognition of their efforts and the additional time granted. The company aims to continue its expansion and further development of Discord and social media services, citing a significant increase in revenues over the last year.
Asset Entities Inc. (NASDAQ: ASST) has signed a pivotal agreement with renowned fitness influencer Scott Mathison to design, develop, and manage his digital fitness community on Discord. Mathison, with over 1.5 million Instagram followers and 2.1 million TikTok followers, chose Asset Entities to create a subscription-based community offering workout routines, meal prep plans, challenges, and other fitness resources.
CEO Arshia Sarkhani expressed excitement about the partnership, highlighting the company's focus on fan engagement via Discord and community growth. This collaboration aligns with Asset Entities' expertise in digital marketing and content delivery across social media platforms, potentially creating one of the world's largest digital fitness communities.
Asset Entities Inc. (NASDAQ: ASST) has announced a new episode of 'The Lounge' podcast featuring former Miami Hurricanes players Michael Irvin and Sandy Jack. The episode, hosted by Kyle Fairbanks, will focus on their experiences as teammates at the University of Miami, playing under coach Jimmy Johnson, and winning a national championship.
Michael Irvin, nicknamed 'the Playmaker,' had a successful 12-year NFL career with the Dallas Cowboys and was inducted into the Pro Football Hall of Fame in 2007. He now works as an NFL analyst on Fox's FS1 sports show 'Speak.' Sandy Jack pursued a legal career after college, obtaining a Juris Doctorate from Georgetown University Law Center.
The podcast comes at an exciting time for the Miami Hurricanes, who are currently undefeated at 6-0. 'The Lounge' can be viewed on YouTube @TheAELounge. Asset Entities provides digital marketing and content delivery services across social media platforms and is also involved with the Ternary Payment Platform.
Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has entered into an agreement with Maxx Talent Awards to design, develop, and manage their Discord server. Maxx Talent Awards is a platform for aspiring actors, models, and singers to showcase their talents to top Hollywood agents, modeling agencies, and industry professionals.
The collaboration aims to expand Maxx Talent Awards' operations and talent search globally through the Discord platform. Currently operating showcases in Salt Lake City, Utah, Maxx Talent Awards plans to open a digital showcase in the near future.
Maxx Talent Awards is led by industry veterans Branden Maxx, Gregory Gulley, and Lynn Sharon, who collectively bring over four decades of experience in Hollywood as agents and managers.
Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has completed a $3 million Series A Convertible Preferred Stock transaction. The company received an additional $1.5 million in gross proceeds from an institutional investor, following the initial $1.5 million closing on May 24, 2024. The Series A Preferred Stock has an initial stated value of $10,000 per share and is convertible into Class B Common Stock at an initial conversion price of $3.75, subject to alternate conversion prices at variable rates. CEO Arshia Sarkhani expressed excitement about the transaction, stating it will provide adequate capital for general corporate purposes and support the company's strategies, including potential acquisitions in the Discord and social media space.
Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has regained compliance with Nasdaq listing requirements. The company received formal notice from Nasdaq confirming that it has met the minimum bid price requirement of $1.00 for at least ten consecutive business days. Additionally, Asset Entities has achieved compliance with the stockholders' equity requirement by obtaining more than $2,500,000 in equity. As a result, both listing matters have been closed, and the company's Class B Common Stock will continue to trade on The Nasdaq Capital Market under the symbol ASST.