Asset Entities to Merge with Strive Asset Management, Focus on Bitcoin Exposure.

Asset Entities Inc. has entered a merger agreement with Strive Asset Management, combining the companies to operate under the Strive brand and list on NASDAQ as a public Bitcoin Treasury Company. The combined entity will focus on maximizing Bitcoin exposure and outperforming the cryptocurrency over the long run. Strive CEO Matt Cole will present the transaction and company strategy at the Strategy World conference.

Title: Brookfield Asset Management Reports Record Q1 Results; Focuses on Real Estate and Private Credit Growth

Brookfield Asset Management Ltd. (BAM) has released its financial results for the first quarter of 2025, showcasing robust growth and strategic initiatives. The company reported fee-related earnings (FRE) up by 26% year-over-year, reaching nearly $700 million, driven by over $140 billion of capital raised in the past year [1].

Key highlights include a $25 billion capital raise in the first quarter alone, with significant inflows into various strategies, particularly real estate. The company's real estate flagship strategy, now at $16 billion, is poised to become its largest ever, with a record $6 billion of inflows in the first quarter [1].

Brookfield's President, Connor Teskey, attributed the strong performance to the company's deep exposure to investment megatrends such as artificial intelligence, energy transition, and private credit. The company's focus on essential infrastructure assets, which deliver stable, long-duration, and inflation-protected revenues, has proven resilient amidst recent macroeconomic uncertainty [1].

Operating results showed distributable earnings increasing by 20% to $654 million, with net income attributable to BAM rising by 32% to $581 million. The company's fee-bearing capital reached $549 billion at the end of the first quarter, up 20% from the prior year, reflecting successful fundraising efforts and strategic investments [1].

Notable fundraising efforts included $1.5 billion raised in renewable power and transition, $800 million in infrastructure, $1.2 billion in private equity, $7.1 billion in real estate, and $14 billion in credit. The company also deployed $16 billion of capital in the first quarter, with significant investments in renewable power, infrastructure, private equity, real estate, and credit [1].

Brookfield's strategic initiatives include the acquisition of Angel Oak, a leading origination platform and asset manager, to enhance its mortgage credit capabilities. The company also completed its inaugural bond offering, raising $750 million and bolstering its liquidity position [1].

As the company continues to navigate the dynamic investment landscape, its focus on maximizing Bitcoin exposure and outperforming the cryptocurrency is evident. Strive Asset Management's CEO, Matt Cole, will present the transaction and company strategy at the Strategy World conference, highlighting the combined entity's commitment to the Bitcoin market [2].

References:
[1] https://www.globenewswire.com/news-release/2025/05/06/3074853/0/en/Brookfield-Asset-Management-Announces-Record-First-Quarter-Results.html
[2] https://www.striveassetmanagement.com/press-release/merger-with-asset-entities-inc/