He sought to seek public places by integrating with asset entities (ASST) to launch Bitcoin (BTC) strategy (BTC)

ASSET Asset (ASST) shares increased by 194 % on Wednesday after that Declare This was the management of fallen assets merged with the NASDAC company to become a company of the Treasury (BTC) that is publicly traded.

The deal will be left, structured as a reverse integration, the joint company that operates under the seduction name and is included in the Nasdaq Stock Exchange. Plans to seek to create a large bitcoin backup using new investment strategies and financing designed to reduce the reduction of shareholders.

In the press statement, companies stated that one of the main strategies is to switch the planned shares against Bitcoin for some accredited investors. The Stock Exchange will use a tax rule known as section 351, which allows contributing to the assets estimated in a tax -exempt company in exchange for stocks, according to individual circumstances. In addition to the company’s transactions, the deal will not carry the company, according to the announcement.

The CEO of Strive Matt Cole, who was previously a $ 70 billion in a fixed income portfolio, said that the company aims to outperform Bitcoin by using it as a criterion for the deployment of capital. Strategies will include integration with excessive capital companies to reach reduced money, use leverage, and spread structural products for hedge risk.

The company plans to expand its capacity to raise the capital to one billion dollars after the recruitment by registering the effective shelf, which provides flexibility to finance bitcoin purchases through stock and debt sales.

She has sought quickly since its launch in 2022, running nearly two billion dollars and gaining interest in opposing Esg’s delegations. According to the company, the merger is a next step in pressing Bitcoin’s dependence through corporate bonds, which is the goal that you will also call between companies held in their money.

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