SCHEDULE 13G 0001214822 XXXXXXXX LIVE Class B Common Stock, $0.0001 par value per share 06/23/2025 0001920406 Asset Entities Inc. 04541A204 100 CRESCENT CT 7TH FLOOR DALLAS TX 75201 Rule 13d-1(c) STEADFAST CAPITAL MANAGEMENT LP a DE 0 793167 0 793167 793167 N 5.4 PN American Steadfast, L.P. a DE 0 288692 0 288692 288692 N 2 PN Steadfast International Master Fund Ltd. a E9 0 504475 0 504475 504475 N 3.4 CO Robert S. Pitts, Jr. a X1 0 793167 0 793167 793167 N 5.4 IN Asset Entities Inc. 100 CRESCENT CT, 7TH FLOOR, DALLAS, Texas, 75201 The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are: - Steadfast Capital Management LP, a Delaware limited partnership (the "Investment Manager"). - American Steadfast, L.P., a Delaware limited partnership ("American Steadfast"). - Steadfast International Master Fund Ltd., a Cayman Islands exempted company (the "Offshore Fund"). - Robert S. Pitts, Jr., a United States Citizen ("Mr. Pitts"). Mr. Pitts is the controlling principal of the Investment Manager. The Investment Manager has the power to vote and dispose of the securities held by American Steadfast and the Offshore Fund. The business address of each of Mr. Pitts, the Investment Manager and American Steadfast is 450 Park Avenue, 20th Floor, New York, New York 10022. The business address of the Offshore Fund is c/o Morgan Stanley Fund Services (Cayman) Ltd., 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. Each of the Investment Manager and American Steadfast is a limited partnership formed under the laws of the State of Delaware. The Offshore Fund is an exempted company formed under the laws of the Cayman Islands. Mr. Pitts is a citizen of the United States. Y As of June 23, 2025, the Reporting Persons beneficially owned an aggregate of 793,167 shares of the Issuer's Common Stock. Specifically: (i) The Investment Manager beneficially owned 793,167 shares of Common Stock. (ii) American Steadfast beneficially owned 288,692 shares of Common Stock. (iii) The Offshore Fund beneficially owned 504,475 shares of Common Stock. (iv) Mr. Pitts beneficially owned 793,167 shares of Common Stock. (v) Collectively, the Reporting Persons beneficially owned 793,167 shares of Common Stock. As of June 23, 2025, the Reporting Persons may be deemed to have beneficially owned 793,167 shares of Common Stock or 5.4% of the Issuer's Common Stock outstanding, which percentage was calculated based on 14,772,044 shares of Common Stock outstanding as of May 12, 2025, as per the information reported in the Issuer's Form 10-Q filed May 15, 2025. Specifically: (i) The Investment Manager's beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. (ii) American Steadfast's beneficial ownership of 288,692 shares of Common Stock represented 2.0% of the outstanding Common Stock. (iii) The Offshore Fund's beneficial ownership of 504,475 shares of Common Stock represented 3.4% of the outstanding Common Stock. (iv) Mr. Pitts' beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. (v) Collectively, the Reporting Persons' beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. Not applicable. American Steadfast had shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 288,692 shares of Common Stock beneficially owned by American Steadfast. The Offshore Fund had shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 504,475 shares of Common Stock beneficially owned by the Offshore Fund. Not applicable. American Steadfast had shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 288,692 shares of Common Stock beneficially owned by American Steadfast. The Offshore Fund had shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 504,475 shares of Common Stock beneficially owned by the Offshore Fund. Y Y Y N See Exhibit B Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. EXHIBIT A - JOINT FILING AGREEMENT EXHIBIT B STEADFAST CAPITAL MANAGEMENT LP /s/ Robert S. Pitts, Jr 06/30/2025 American Steadfast, L.P. /s/ Robert S. Pitts, Jr. 06/30/2025 Steadfast International Master Fund Ltd. /s/ Sheena Koshy 06/30/2025 Robert S. Pitts, Jr. /s/ Robert S. Pitts, Jr. 06/30/2025