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Asset Entities’ Shares Soar as Merger with Strive Announced

Jack KelloggAvatar
Written by Jack Kellogg Reviewed by Tim Sykes Fact-checked by Ellis Hobbs
Updated 5/20/2025, 11:32 am ET 4 min read
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Asset Entities Inc. stocks have been trading up by 10.53 percent due to a favorable market sentiment boost.

Key Takeaways

  • Shares leapt an astounding 194% in heavy trading after the merger announcement with Strive Management. Expect high volatility as market reacts.
  • The combined entity aims to become a top Bitcoin treasury company with innovative investment methods targeting outperformance against Bitcoin.
  • With a Nasdaq listing, the merged firm will implement a novel Bitcoin-for-stock process, poised to enhance shareholder value.
  • Investor confidence strengthens amidst Strive’s goal to use unique acquisition and hedging strategies for Bitcoin accumulation.

Candlestick Chart

Live Update At 11:32:24 EST: On Tuesday, May 20, 2025 Asset Entities Inc. stock [NASDAQ: ASST] is trending up by 10.53%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

The recent days have been a wild ride for ASST’s stock, with the closing price jumping from a low of $0.61 on May 6, 2025, to an impressive $7.24 on May 20, 2025. This staggering rise followed the major announcement of a merger with Strive Asset Management. Prior to this, the stock had been hovering around the $0.60 mark, reflecting a lack of investor enthusiasm.

More Breaking News

On the financial front, the company’s recent earnings report paints a challenging picture. The firm faced a significant net income loss, tied to substantial operating expenses, and experienced negative free cash flow. Despite these setbacks, their revenue and cash reserves were strong, allowing them to make bold moves like the recent merger. Strangely, the company’s profitability ratios display negative numbers, a reflection of the ongoing challenges in turning around their core business operations.

Rising Speculations on Market Dynamics

This strategic alliance with Strive serves as a bold stroke to capture the market’s attention, positioning the new entity as a publicly-traded Bitcoin treasury. The anticipated benefits are multifarious: greater exposure to Bitcoin’s value escalation and innovative financial strategies. The merger’s prospects seem bright, driving enthusiasm among stakeholders eager to see how these plans unfold.

The market’s reaction can be seen in the massive upward movement of ASST’s stock price. This reflects investor optimism about the future, driven by the idea that the merger will transform the firm’s financial health and competitive edge in the industry.

Investor Confidence on the Rise

Investors have been buoyed by news of this merger, seeing it as a compelling strategy to steer ASST towards profitability. The substantial surge in shares, up an incredible 194%, signifies market approval and heightened investor confidence in the potential of the combined company’s plans.

Financial trends indicate that investors are excited about the pioneering strategies Strive can bring to Asset Entities. By focusing on strategic mergers and innovative hedging for Bitcoin, this partnership is being viewed as a significant long-term growth opportunity.

Conclusion

In conclusion, the merger with Strive Asset Management represents a pivotal moment for Asset Entities. The move towards forming a Bitcoin treasury carries both immense promise and inherent risks. As millionaire penny stock trader and teacher Tim Sykes says, “Embrace the journey, the ups and downs; each mistake is a lesson to improve your strategy.” The soaring stock price, coupled with revitalized trader confidence, signals the market’s optimism towards ASST’s vision. However, the journey ahead is certain to bring fluctuations as this ambitious plan takes shape in an evolving economic landscape.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Jack Kellogg

He teaches webinars on Tim Sykes’ Trading Challenge He became Tim’s youngest millionaire student in 2020. Now he’s second on the Trading Challenge leaderboard with $12.9 million in career earnings. He’s a master of the 7-Step Pennystocking Framework. Jack is one of a rare breed of traders to profitably trade the entire penny stock framework.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”

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