Skip to main content

Market Overview

Asset Entities (ASST) Stock Climbs On Amended Strive Merger Agreement: What Investors Need To Know

Share:
Asset Entities ASST Stock Climbs On Amended Strive Merger Agreement: What Investors Need To Know

Shares of Asset Entities Inc (NASDAQ:ASST) traded higher Tuesday morning, potentially on continued momentum. The company late last week announced it entered into an amended and restated merger agreement with Strive Enterprises. The updated terms, dated June 27, revise the original deal from May. Here’s what investors need to know.

What To Know: Strive’s management noted the restructuring supports its commitment to becoming a leading asset management company operating on the Bitcoin Standard, focusing on maximizing its Bitcoin holdings for shareholders.

While the agreement’s official end date has been extended to February 6, 2026, to account for potential delays, both parties still anticipate closing the transaction by early Fall 2025.

The deal has received unanimous approval from Asset Entities’ board and is backed by a voting support agreement from stockholders representing approximately 40.2% of ASST’s voting power. The company will file a Form S-4 with the SEC regarding the transaction.

Price Action: According to data from Benzinga Pro, ASST shares are trading lower 1.15% to $6.90 Tuesday morning. The stock has a 52-week high of $13.42 and a 52-week low of $0.34.

Read Also: 2025’s First Half Most-Searched Tickers On Benzinga Pro

How To Buy ASST Stock

By now you're likely curious about how to participate in the market for Asset Entities – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Asset Entities, which is trading at $6.90 as of publishing time, $100 would buy you 14.49 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Image: Shutterstock

 

Related Articles (ASST)

View Comments and Join the Discussion!

Posted-In: why it's movingNews

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com