Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company.
data-ct-non-breakable=”null” href=”https://www.prnewswire.com/news-releases/strive-asset-management-to-combine-with-asset-entities-nasdaq-asst-to-form-first-publicly-traded-asset-management-bitcoin-treasury-company-302448623.html?tc=eml_cleartime” rel=”null” target=”null” text=”null” title=”https://www.prnewswire.com/news-releases/strive-asset-management-to-combine-with-asset-entities-nasdaq-asst-to-form-first-publicly-traded-asset-management-bitcoin-treasury-company-302448623.html?tc=eml_cleartime”>According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”https://cointelegraph.com/bitcoin-price”>BTC).
The deal will see Strive merging with Asset Entities — a social media marketing company listed on the Nasdaq. The combined entity will operate under the Strive brand and use its access to the public equity markets to finance…
