Strive Asset Management is merging with Asset Entities to create the first publicly traded Bitcoin treasury company, offering tax-free equity exchanges for investors.

Information on the Target

Strive Asset Management is set to merge with Asset Entities (NASDAQ: ASST) to create a pioneering publicly traded asset management Bitcoin treasury company. This innovative venture will mark a significant milestone in the financial sector, as it positions itself to offer an exchange of Bitcoin for equity in a public company.

The merger aims to provide tax-free equity transactions for investors, compliant with Section 351 of the U.S. tax code. As a result, this new entity is projected to attract attention from institutional investors interested in cryptocurrency investments, setting a precedent in integrating digital currencies into traditional investment portfolios.

Industry Overview in the Target’s Specific Country

The cryptocurrency market in the United States has experienced exponential growth, driven mainly by rising investor interest and institutional adoption of digita