Tax-Free BTC to Stock Trading Now a Reality with New Bitcoin Treasury Giant
The post Tax-Free BTC to Stock Trading Now a Reality with New Bitcoin Treasury Giant appeared on BitcoinEthereumNews.com. Strive and Asset Entities have merged to fuel the adoption of Bitcoin as an asset. This news comes as the price of Bitcoin is close to hitting the $100,000 mark. Institutional interest in Bitcoin (BTC) continues to rise, as Asset Entities announced its merger with Strive Asset Management to form a joint venture. This merger positions Asset Entities as the first publicly traded Bitcoin Treasury company, paving the way for the company to map out a niche in Bitcoin accumulation. New Approach to Bitcoin Treasury Arshia Sarkhani, President and CEO of Asset Entities, shared the announcement on his LinkedIn page. He expressed excitement for the deal, stating, We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies. Through novel financial strategies, the company aims to maximize Bitcoin exposure per share over the long run. The new joint venture under the Strive brand plans to raise $1 billion in capital for Bitcoin acquisition. The firm intends to use an innovative tax structure that other Bitcoin treasury companies have not previously used. Such strategies will see investors exchanging their Bitcoin holdings directly for company stock, without triggering tax liabilities. Accordingly, the new entity addresses volatility concerns and regulatory challenges faced by crypto investors for quite some time. Combining Strive Asset Management and Asset Entities is a strategic step to advance the Bitcoin tax-free strategy. Strive Enterprises will hold about 94.2% of the joint company under the Bitcoin Treasury merger, while Asset Entities shareholders retain the remaining 5.8%. Strive will remain a privately held company, including its expanding wealth management business. The entity will later transition to its Registered Investment Advisor (RIA). Funding for BTC purchases will come through equity and debt offerings. The firm is targeting up to $1 billion in…
The post Tax-Free BTC to Stock Trading Now a Reality with New Bitcoin Treasury Giant appeared on BitcoinEthereumNews.com.
Strive and Asset Entities have merged to fuel the adoption of Bitcoin as an asset. This news comes as the price of Bitcoin is close to hitting the $100,000 mark. Institutional interest in Bitcoin (BTC) continues to rise, as Asset Entities announced its merger with Strive Asset Management to form a joint venture. This merger positions Asset Entities as the first publicly traded Bitcoin Treasury company, paving the way for the company to map out a niche in Bitcoin accumulation. New Approach to Bitcoin Treasury Arshia Sarkhani, President and CEO of Asset Entities, shared the announcement on his LinkedIn page. He expressed excitement for the deal, stating, We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies. Through novel financial strategies, the company aims to maximize Bitcoin exposure per share over the long run. The new joint venture under the Strive brand plans to raise $1 billion in capital for Bitcoin acquisition. The firm intends to use an innovative tax structure that other Bitcoin treasury companies have not previously used. Such strategies will see investors exchanging their Bitcoin holdings directly for company stock, without triggering tax liabilities. Accordingly, the new entity addresses volatility concerns and regulatory challenges faced by crypto investors for quite some time. Combining Strive Asset Management and Asset Entities is a strategic step to advance the Bitcoin tax-free strategy. Strive Enterprises will hold about 94.2% of the joint company under the Bitcoin Treasury merger, while Asset Entities shareholders retain the remaining 5.8%. Strive will remain a privately held company, including its expanding wealth management business. The entity will later transition to its Registered Investment Advisor (RIA). Funding for BTC purchases will come through equity and debt offerings. The firm is targeting up to $1 billion in…
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