Asset Entities shares rise 11.78% premarket after shareholders approve $1.5 billion merger with Strive.

Asset Entities Inc. surged 11.78% in premarket trading, with the company's shareholders approving a $1.5 billion merger with Strive Enterprises, Inc. The merger, which was supported by a strong majority of Asset Entities’ shareholders, aims to create a leading public Bitcoin Treasury Company. The closing of the merger is subject to certain conditions, including clearance by The Nasdaq Stock Market LLC.