- On October 27, 2025, Strive, Inc. received approximately **$8,259,999** in aggregate gross proceeds from the exercise of traditional warrants.  **[1920406_0000950103-25-013686_dp236381_8k.htm:1]** 
- These proceeds were utilized to purchase approximately **72.3 bitcoin** at an average price of approximately **$114,303.77** per bitcoin.  **[1920406_0000950103-25-013686_dp236381_8k.htm:1]** 
- Following this transaction, Strive's total bitcoin holdings increased to approximately **5,957.9 bitcoin**, with an average acquisition price of **$116,032.67** per bitcoin.  **[1920406_0000950103-25-013686_dp236381_8k.htm:1]** 
- The company believes these warrant exercises strengthen its balance sheet and reflect continued investor confidence.  **[1920406_0000950103-25-013686_dp236381_8k.htm:1]**

Strive, Inc. receives proceeds from warrant exercises and increases Bitcoin holdings

- Strive, Inc. has appointed **Ben Werkman** as its **Chief Investment Officer (CIO)**, effective **October 5, 2025**, to lead the company's investment strategy and advance its Bitcoin initiatives.  **[1920406_0001213900-25-096276_ea026032801ex99-1_strive.htm:0]** **[1920406_0001213900-25-096276_ea0260328-8k425_strive.htm:1]** 
- Mr. Werkman brings extensive experience in corporate Bitcoin strategy and institutional finance, having previously served as CIO at Swan Bitcoin and founded a Bitcoin treasury advisory firm.  **[1920406_0001213900-25-096276_ea026032801ex99-1_strive.htm:0]** 
- In connection with his new executive role, Mr. Werkman resigned from Strive's Board of Directors and its committees, transitioning to a board observer position.  **[1920406_0001213900-25-096276_ea0260328-8k425_strive.htm:1]**

Strive, Inc. Appoints Ben Werkman as Chief Investment Officer

- Strive, Inc. entered into an **all-stock Merger Agreement** with Semler Scientific, Inc. on **September 22, 2025**, which was unanimously approved by both boards of directors on September 21, 2025.  **[1920406_0001213900-25-090815_ea0258386-8k425_strive.htm:1]** 
- Strive is designated as the **accounting acquirer** for the merger, with an estimated preliminary purchase price consideration of **$1,441,536,300**.  **[1920406_0001213900-25-090815_ea025838601ex99-3_strive.htm:0]** **[1920406_0001213900-25-090815_ea025838601ex99-3_strive.htm:2]** **[1920406_0001213900-25-090815_ea025838601ex99-3_strive.htm:13]** 
- The merger is subject to various closing conditions, including **Semler Scientific stockholder approval** and **antitrust clearance** from governmental authorities.  **[1920406_0001213900-25-090815_ea025838601ex99-4_strive.htm:0]** **[1920406_0001213900-25-090815_ea025838601ex99-4_strive.htm:1]** 
- Strive anticipates the merger to be **accretive to its forecasted earnings per share** beginning in the first full calendar year after closing.  **[1920406_0001213900-25-090815_ea025838601ex99-4_strive.htm:5]**

Strive, Inc. Details Pending All-Stock Acquisition of Semler Scientific

- **Strive, Inc.** entered into an **Agreement and Plan of Merger** with **Semler Scientific, Inc.** on **September 22, 2025**.  **[1920406_0000950103-25-011965_dp234662_ex0201.htm:0]** **[1920406_0000950103-25-011965_dp234662_8k.htm:10]** 
- The Board of Directors of **Strive, Inc.** unanimously approved the merger and recommended it to stockholders, with the merger requiring the affirmative vote of a **majority of outstanding shares** for approval.  **[1920406_0000950103-25-011965_dp234662_ex0201.htm:29]** 
- As of **September 12, 2025**, **Strive, Inc.** had **364,825,582** shares of Class A Common Stock and **248,911,654** shares of Class B Common Stock outstanding.  **[1920406_0000950103-25-011965_dp234662_ex0201.htm:56]** 
- Until the merger's effective time or termination, **Strive, Inc.** is subject to covenants, including restrictions on M&A activities, capital expenditures, and asset dispositions, with certain exceptions such as acquisitions of **Bitcoin** consistent with its investment policy.  **[1920406_0000950103-25-011965_dp234662_ex0201.htm:71]** **[1920406_0000950103-25-011965_dp234662_ex0201.htm:72]**

Strive, Inc. Enters Merger Agreement with Semler Scientific, Inc.

- Strive, Inc. has entered into a definitive agreement to acquire Semler Scientific, Inc. in an **all-stock transaction**.  **[1920406_0000950103-25-011928_dp234646_ex9901.htm:0]** **[1920406_0000950103-25-011928_dp234646_8k.htm:1]**  The deal represents an approximately **210% premium**, equivalent to **$90.52 per share**, for Semler Scientific shareholders, who will receive **21.05 Class A common shares of Strive** for each of their shares.  **[1920406_0000950103-25-011928_dp234646_ex9901.htm:1]** 
- Strive also announced the purchase of an additional **5,816 Bitcoin** for **$675,000,000** at an average price of **$116,047 per Bitcoin**, increasing its total Bitcoin holdings to **5,886**.  **[1920406_0000950103-25-011928_dp234646_ex9901.htm:0]** 
- Following the merger, the combined company is projected to own over **10,900 Bitcoin** and intends to explore monetizing or distributing Semler Scientific's historically profitable diagnostics business.  **[1920406_0000950103-25-011928_dp234646_ex9901.htm:1]**

Strive, Inc. Announces Bitcoin Treasury Merger with Semler Scientific and Significant Bitcoin Purchase

- Strive, Inc. (ASST) announced its initial Bitcoin strategy, starting with **69 Bitcoin** acquired via a Section 351 exchange.  **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:0]**  The company plans to further its Bitcoin holdings using **net proceeds from a $750 million financing round** announced in May 2025, with a potential additional **$750 million** within a year from the exercise of warrants.  **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:0]** 
- The company, which is the first publicly traded asset management Bitcoin treasury company, also announced an **at-the-market (ATM) program of up to $450 million** in potential total proceeds.  **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:0]** **[1920406_0001213900-25-087413_ea0257327-8k_strive.htm:1]** 
- Strive has ambitions to issue a publicly traded perpetual preferred equity security in 2025 to purchase additional Bitcoin.  **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:0]** **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:1]** 
- The company also authorized a **stock repurchase program of up to $500 million**.  **[1920406_0001213900-25-087413_ea025732701ex99-1_strive.htm:0]** **[1920406_0001213900-25-087413_ea0257327-8k_strive.htm:3]**

Strive, Inc. Announces Bitcoin Strategy, Capital Raising Initiatives, and Share Repurchase Program

- Strive, Inc. (Nasdaq: ASST) announced its full **Board of Directors** on **September 15, 2025**, chaired by CEO Matt Cole, and including experienced Bitcoin executives.  **[1920406_20250915CL73163:0]** 
- The company initiated its Bitcoin strategy with **69 Bitcoin** and secured **$750 million** in financing announced in May 2025, with a potential additional **$750 million** from warrant exercises within a year.  **[1920406_20250915CL73163:0]** 
- As a well-known-seasoned-issuer (WKSI), Strive filed an S-3 ASR shelf registration, enabling an **at-the-market (ATM) program of up to $450 million** and plans to issue a publicly traded perpetual preferred equity security in **2025** to acquire more Bitcoin.  **[1920406_20250915CL73163:0]** **[1920406_20250915CL73163:1]** 
- Strive also implemented a **stock repurchase program of up to $500 million**.  **[1920406_20250915CL73163:0]**

Strive Announces Board of Directors and Initial Bitcoin Strategy

- Strive, Inc., formerly Asset Entities Inc., successfully completed its merger with Strive Enterprises, Inc. on **September 12, 2025**, and will continue to trade on Nasdaq under the ticker **ASST**.  **[1920406_0001213900-25-087278_ea025712901ex99-1_strive.htm:0]** **[1920406_0001213900-25-087278_ea0257129-8k_strive.htm:0]** 
- In conjunction with the merger, the company finalized equity financing, raising approximately **$750 million**, with an additional **$750 million potentially available** from warrant exercise, for a potential total of approximately **$1.5 billion**.  **[1920406_0001213900-25-087278_ea025712901ex99-1_strive.htm:0]** 
- The newly merged entity, Strive, Inc., is now the **first publicly traded asset management Bitcoin treasury company**, managing over **$2 billion in assets** through its subsidiary, Strive Asset Management, LLC, and will commence a Bitcoin accumulation strategy.  **[1920406_0001213900-25-087278_ea025712901ex99-1_strive.htm:0]** 
- The merger led to a change in control, with Strive securityholders holding **94.2%** of the Pro Forma Share Total, and significant leadership changes, including the appointment of **Matthew Cole as CEO** and **Benjamin Pham as CFO** on **September 12, 2025**.  **[1920406_0001213900-25-087278_ea0257129-8k_strive.htm:8]** **[1920406_0001213900-25-087278_ea0257129-8k_strive.htm:9]**

Strive, Inc. Completes Merger with Strive Enterprises and Secures $750 Million in Equity Financing

- **Strive, Inc.** (formerly Asset Entities Inc.) has successfully completed its merger with Strive Enterprises, Inc., and will continue to trade on Nasdaq under the ticker **ASST**.  **[1920406_20250912CL72665:0]** 
- The combined company will initiate a **Bitcoin accumulation strategy**.  **[1920406_20250912CL72665:0]** 
- In conjunction with the merger, Strive finalized equity financing, raising approximately **$750 million**, with an additional **$750 million** potentially available upon the exercise of warrants, for a potential total of **$1.5 billion** in proceeds.  **[1920406_20250912CL72665:0]** 
- Strive is positioned as the **first publicly traded asset management Bitcoin treasury company**.  **[1920406_20250912CL72665:0]**

Strive, Inc. Completes Merger and Secures Financing

- Asset Entities Inc. (ASST) entered into exchange agreements on **August 22, 2025**, agreeing to issue **2,681,893 shares** of its Class A common stock in exchange for an aggregate of **69 bitcoin**.  **[1920406_0001213900-25-081779_ea0254877-8k425_asset.htm:1]** 
- This transaction, referred to as the "351 Exchange," is connected to the Amended and Restated Agreement and Plan of Merger with Strive Enterprises, Inc. and is expected to qualify as a **tax-free exchange under Section 351** of the Internal Revenue Code.  **[1920406_0001213900-25-081779_ea0254877-8k425_asset.htm:1]** **[1920406_0001213900-25-081779_ea025487701ex10-1_asset.htm:0]** 
- The company expects to receive **69 bitcoin** from this exchange and has committed to filing a registration statement for the resale of the Exchange Shares no later than **30 days** following the closing of the merger agreement transactions.  **[1920406_0001213900-25-081779_ea0254877-8k425_asset.htm:1]**

Strive (ASST)