On May 7, 2025, Strive Asset Management announced its merger with Asset Entities, leading to the creation of the first publicly traded Bitcoin treasury in the cryptocurrency market.
Merger Strategy of Strive and Asset Entities
The merger of Strive Asset Management and Asset Entities aims to introduce innovative investment strategies in Bitcoin, focusing on tax-efficient Bitcoin exchanges. CEO Matt Cole stated that the merger will leverage institutional expertise to optimize Bitcoin accumulation and enhance exposure per share, aligning with shareholder interests.
Market and Investor Interest
The market reacted positively to the merger, evidenced by increased trading volumes and rising share prices. This strategic move is expected to strengthen Strive's market position and open new avenues for capital raising.
Tax Advantages in Cryptocurrency
The merger represents a distinct evolution in how public entities manage Bitcoin holdings, utilizing the U.S. tax code to advantageously structure operations. Experts from Kanalcoin predict potentially significant outcomes for the Bitcoin market, highlighting the strategic use of Section 351.
The merger between Strive Asset Management and Asset Entities is a significant event in the cryptocurrency sector, opening new horizons for institutional investment and effective Bitcoin treasury management.
