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ASST Stock Soars After Merger with Strive Asset Management Announced

Ellis HobbsAvatar
Written by Ellis Hobbs Reviewed by Jack Kellogg Fact-checked by Tim Sykes
Updated 5/29/2025, 11:32 am ET 5/29/2025, 11:32 am ET | 4 min 4 min read
ASST Stock Soars After Merger with Strive Asset Management Announced Thumbnail

Asset Entities Inc.’s stock has been trading up by 14.65 percent after an unprecedented strategic partnership announcement.

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Live Update At 11:32:03 EST: On Thursday, May 29, 2025 Asset Entities Inc. stock [NASDAQ: ASST] is trending up by 14.65%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

In recent trading sessions, the stock prices of Asset Entities, denoted by the ticker symbol ASST, have shown volatility and remarkable growth. Recently, its price swung from as low as $0.61 to a significant high, marking a thrilling ride for investors. Amidst this change, there was a notable spike with shares closing at $8.18, reflecting growing investor confidence following the merger announcement with Strive Asset Management.

The news has brought ASST into the limelight due to its potential impact on the market. Scrutinizing the company’s past financial statements unveils a history of challenges, notably reflected in a substantial negative profit margin. The merger promises to reshape ASST’s financial landscape, focusing on Bitcoin acquisition strategies and innovative financial techniques to consolidate growth.

Despite the current lack of profitability, Asset Entities has a stable balance sheet characterized by a high current ratio, showcasing its ability to meet short-term obligations. The merger with Strive Asset Management might just be the strategic reshuffle needed to pivot from losses to potential gains.

Impactful Merger: A Game-Changer

The merger between Asset Entities Inc. and Strive Asset Management is being viewed as a transformational step toward carving a niche within the competitive Bitcoin market. Together, they plan to operate as a public Bitcoin Treasury firm, holding a unique position within the cryptocurrency sphere by doing so publicly via the Nasdaq.

Investors are optimistic about the strategic vision of the merger. The goal of leveraging proprietary strategies to outperform Bitcoin using unique hedging techniques gives the new company an edge. Furthermore, the proposal of Bitcoin-for-stock exchange offers could lure in Bitcoin miners and hoarders, making payment in shares, thus expanding the company’s blockchain assets organically.

This buzz has driven stock values upwards with multiple significant gains over successive trading days, attracting the attention of market analysts and financial institutions alike. The expected synergies from the merger, should they play out as planned, might redefine the traditional playbook within financial ecosystems dealing with digital currencies.

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Conclusion

In summary, the recent events surrounding Asset Entities make it clear that the merger with Strive Asset Management is not just a fleeting market gesture but a long-term strategic recalibration. Given the surge in ASST’s share price, confidence is seemingly high. However, the unpredictable nature of both the cryptocurrency market and the company’s historical financial instability remains a cloud over otherwise sunny forecasts.

As traders keenly watch for the closing of this merger and subsequent actions from the new entity, the market will soon witness whether this merger will deliver on its promise. For now, the potential seen in ASST’s strategic alliances and innovative approaches is electrifying the financial sphere, setting the stage for an intriguing future. As millionaire penny stock trader and teacher Tim Sykes says, “Small gains add up over time; focus on building wealth gradually, not chasing jackpots.” This perspective serves as a prudent reminder for traders to maintain a long-term vision amidst the merger’s unfolding dynamics.

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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Ellis Hobbs

Trainer and Mentor on Tim Sykes’ Trading Challenge
He teaches webinars on Tim Sykes’ Trading Challenge He treats trading like a business, not a hobby He emphasizes taking small risks — “If you get the process right, money is a forgone conclusion.”
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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”