CoinVoice has learned that, according to Business Insider, digital marketing and content delivery service provider Asset Entities (NASDAQ: ASST) has announced that it has reached a final merger agreement with Strive Asset Management. The merged company will operate under the Strive brand, continue to be listed on NASDAQ, and become a publicly listed Bitcoin financial company.
Strive CEO Matt Cole will present on trading and corporate strategy today at 2:15 PM EST at the Strategy World conference. Strive Asset Management will drive the accumulation of Bitcoin in a value-added manner, with strategies including: planning to initially exchange merged company equity for Bitcoin and providing tax-free guarantees for investors under Section 351 of the U.S. tax code; acquiring cash at discounted prices through mergers with capital-surplus companies; and releasing additional leverage to accumulate Bitcoin while leveraging internal fixed income and derivatives expertise to hedge risks in innovative ways. [Original link]
