Asset Entities shareholders have approved a merger with Bitcoin asset management company Strive Enterprises to create a new enterprise named Strive, Inc.
The
Strive Inc. plans to raise $1.5B to buy and hold Bitcoin as a long-term investment while implementing disciplined strategies. This is exciting news for Bitcoin holders as growth in corporate Bitcoin adoption reduces the circulating supply and often pushes prices higher.
The merger is also expected to
The rise in institutional Bitcoin accumulation also creates a favorable backdrop for Bitcoin-related projects, such as
Asset Entities shares were
Currently, more than
This corporate adoption trend, initiated by Strategy (which currently holds
Along with legitimizing Bitcoin’s use, this trend is reshaping corporate finance norms and fueling increased demand, thereby enhancing Bitcoin’s long-term price appreciation and stability.
Strive Inc’s plan to establish a $1.5 billion Bitcoin treasury has fueled the
Retail investors are also set to gain indirect exposure to Bitcoin’s price and treasury management by owning shares in the new entity.
Not to mention, mergers like this could structurally alter the liquidity and risk profile for retail investors, as they increase Bitcoin scarcity and create new
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The merger between Asset Entities and Strive Enterprises marks a milestone in Bitcoin’s corporate adoption, as the newly formed company aims to establish one of the largest publicly traded Bitcoin treasuries.
This not only validates Bitcoin’s legitimacy as a mainstream institutional asset but also sets a powerful example for both retail and institutional investors.Furthermore, it has also reinforced Bitcoin’s role as a trusted treasury asset, amplifying confidence across the broader crypto ecosystem.
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Authored by Aaron Walker, NewsBTC –