Asset Entities jumps after stockholders approve Strive merger 

** Shares of social media marketing company Asset Entities AASST jump 81% to $11.37 premarket

** ASST's stockholders approve merger with Strive Enterprises - a financial services firm co-founded by former Republican presidential candidate Vivek Ramaswamy

** Upon completion of merger, co will be renamed Strive and continue trading on Nasdaq with ASST ticker

** The deal, originally announced in May, will see ASST become a bitcoin holding company

** Company is one of several that have attempted to replicate the approach of Michael Saylor's Strategy MSTR

** After the merger closes, co looks to consummate $750 mln private placement announced on May 27 to support bitcoin acquisitions

** As of last close, ASST shares have surged more than 1000% YTD