Strive Asset Management is set to merge with Asset Entities (NASDAQ: ASST) to form the first publicly traded asset management company focused on holding Bitcoin as a treasury reserve asset. This announcement has led to a 176% surge in Asset Entities' stock price on Nasdaq. The merger and strategy mark a significant move in the adoption of Bitcoin by institutional investors. Concurrently, David Bailey, a cryptocurrency advisor to former President Donald Trump, is planning to launch a $300 million Bitcoin investment company named Nakamoto. Bailey's company will emerge from a merger with a Nasdaq-listed entity, aiming to raise $200 million through new shares and $100 million in debt to acquire Bitcoin. These developments reflect growing market enthusiasm for Bitcoin investment vehicles and the increasing integration of cryptocurrency into traditional asset management frameworks.