Asset Entities Inc. reported Q3 2024 financial results, with revenue increasing 237.4% YoY to $202,921, driven by growth in Discord server paying subscribers. However, net loss widened to $1,315,369 from $1,190,491 in Q3 2023, as operating expenses rose 21.4% to $1.52 million.The company's cash position stood at $2,098,406 as of September 30, 2024. During Q3, Asset Entities completed a private placement of Series A Preferred Stock, raising $3 million in gross proceeds. It also entered into an ATM sales agreement for up to $1,791,704 in Class B Common Stock.Management expects sufficient funds to support operations through September 2025. The company continues to focus on expanding its social media marketing and content delivery services across platforms like Discord and TikTok, while developing new offerings such as the Ternary v2 subscription management solution for Discord communities.

Asset Entities Inc. reported Q3 2024 financial results, with revenue increasing 237.4% YoY to $202,921, driven by growth in Discord server paying subscribers. However, net loss widened to $1,315,369 from $1,190,491 in Q3 2023, as operating expenses rose 21.4% to $1.52 million.The company's cash position stood at $2,098,406 as of September 30, 2024. During Q3, Asset Entities completed a private placement of Series A Preferred Stock, raising $3 million in gross proceeds. It also entered into an ATM sales agreement for up to $1,791,704 in Class B Common Stock.Management expects sufficient funds to support operations through September 2025. The company continues to focus on expanding its social media marketing and content delivery services across platforms like Discord and TikTok, while developing new offerings such as the Ternary v2 subscription management solution for Discord communities.