
Because “St.Patrick” was taken 🙄 #GOBEAVS
Portland, OR
Joined July 2019
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Patrick retweeted
Lots of people look at the $ASST chart and immediately think “this company is ass”
The historical chart is ugly, but $ASST is a totally different company today than when it first went public.
$ASST originally listed in February 2023 as Asset Entities Inc., a small Discord- and social-media company. It ran Gen Z investment-education servers, influencer marketing, and Discord design/management services. Revenue was modest, losses continued. A failing business.
In May 2025 it agreed to merge with Strive Enterprises, the asset manager co-founded by Vivek Ramaswamy. The reverse merger closed September 12, 2025. Asset Entities was renamed Strive, Inc.; the ticker stayed ASST. Strive shareholders took control. Matthew Cole became CEO. The company raised ~$750 million via PIPE (plus warrant potential) and adopted a Bitcoin-treasury strategy: accumulate BTC, grow BTC per share, and try to beat Bitcoin as the hurdle rate while keeping the asset-management business.
In September 2025 it announced an all-stock deal for Semler Scientific, another Bitcoin-treasury company with a medical-diagnostics unit. That closed January 2026, adding thousands of BTC (combined holdings later reported in the 12,000–14,500+ range) plus the diagnostics operations.
The firm is now a Bitcoin treasury plus asset manager, with leftover Discord/social operations. Share count exploded through the merger, PIPE, and acquisition. Market cap is in the billions, but reported losses are large and the stock is highly volatile. Same ticker; fundamentally different company.
Now doesn’t the historical chart make a little more sense?


