Asset Entities, a prominent social media marketing company, has seen its shares more than double premarket. The stock was recently traded at $1.54 and is set to reach its highest point since January 22 if the current gains persist.
The company has entered into an agreement to merge with Strive Asset Management, a subsidiary of Vivek Ramaswamy’s financial services firm, Strive Enterprises. Subsequent to the merger, ASST aims to transform into a Bitcoin holding firm, offering its shareholders a chance to tap into the lucrative world of cryptocurrencies.
Asset Entities is among a number of companies seeking to mirror the successful approach taken by Michael Saylor’s Strategy MSTR. Notably, shares of e-commerce company Upexi surged five-fold since the announcement of its turn toward Bitcoin last month. As it stands, Strategy is the largest corporate holder of Bitcoin and its shares have surpassed the cryptocurrency’s performance in 2025.
Year-to-date, ASST has risen by an impressive 24.4% as of the last close.
