The stock of asset entities increases more

Asset entities have increased more than 200 % in trading after the news that will merge with Strive Asset Management to form the first Bitcoin Treasury Asset Asset Director.

The joint entity You will work Under the falling brand and remains listed on the Nasdaq Stock Exchange, with a task to increase bitcoin exposure in the long run per share.

The new company intends to assemble bitcoin (BTCStrongly using a multi -side approach.

This includes a unique offer that allows investors accredited to exchange bitcoin for shares in the public company, and perhaps in a way that is exempt from taxes under Article 351 of the American Tax Law.

The company also plans to acquire public companies with less than their value with strong cash jobs and the use of income and fixed derivative strategies to hedge with the accumulation of bitcoin.

At the time of this report, asset entities are traded at $ 2.32, an increase of more than 280 %.

Bitcoin strategy is different from the strategy

It is distinguished by the pursuit of traditional treasury companies in Bitcoin like Strategy By dealing with bitcoin as a criterion to customize the capital, not just a balance.

It also aims to outperform Bitcoin itself using institutional investment experience to push the growth of tracch.

Strive Asset Management, which currently runs about $ 2 billion of assets, is famous for its active investment strategy that focuses on financial initiatives and ISG control initiatives.

With mergers, asset entities enhance Strive awareness capabilities and put the new company as a bitcoin adoption.

The reverse integration will give the company immediate access to a rack registration statement, which plans to expand to one billion dollars to finance bitcoin purchases through stock and debt offers.

The company will lead Matt Cole, who was previously running $ 70 billion in fixed income portfolios, with the support of an administrative team with encryption, financing, and legal experience, according to the company’s issuance.