TL;DR
- Strive Inc. announced the acquisition of Semler Scientific in an all-stock deal, bringing together two publicly-traded Bitcoin treasury companies.
- The combined firm will hold nearly 11,000 BTC, strengthening its position as a major corporate Bitcoin holder.
- Strive is also exploring ways to monetize Semler’s medical diagnostics business while pursuing long-term growth in crypto-focused investments and asset management.
Strive Inc., a Dallas-based company recently launched into public markets, confirmed its agreement to acquire Semler Scientific in a landmark all-stock deal. Each Semler share will be exchanged for 21.05 Strive shares, reflecting a price of roughly $90.52 per share, a premium of over 200% compared to its recent closing price. With this transaction, the combined company will control nearly 11,000 Bitcoin, reinforcing Strive’s ambitions as a corporate Bitcoin treasury leader.
The acquisition follows Strive’s recent merger with Asset Entities Inc., which marked the company’s first major step into the Bitcoin treasury sector. CEO Matt Cole emphasized that moving so quickly after going public demonstrates Strive’s ability to execute at a pace rarely seen in the cryptocurrency-focused corporate space. Analysts note that rapid consolidation among Bitcoin treasury firms is creating opportunities for larger players to acquire undervalued assets while smaller firms face capital pressures. This development also signals growing institutional interest in corporate Bitcoin treasuries as part of diversified corporate balance sheets.
Semler Scientific Joins Forces, Unlocking New Value Potential
Semler Scientific, a medical-device manufacturer that adopted Bitcoin as its primary treasury asset last year, has experienced revenue declines and significant stock price pressure. Strive intends to explore opportunities to monetize or distribute Semler’s profitable diagnostics business while integrating its digital asset holdings. In tandem with the acquisition, Strive announced the purchase of an additional 5,816 BTC for $675 million, bringing total combined holdings to over 10,900 BTC at an average cost near $116,000 per coin.
Investors are closely watching how the merged entity will balance the medical device segment with aggressive Bitcoin accumulation, as sector volatility continues to influence public valuations. Eric Semler, executive chairman of Semler Scientific, is expected to join Strive’s board, further strengthening the combined company’s leadership in crypto treasury management.
Matt Cole remarked that this merger solidifies Strive’s long-term vision as a top-performing Bitcoin treasury firm, emphasizing a capital structure and strategic approach designed to capture alpha while holding and managing digital assets. Market observers also anticipate potential partnerships and strategic collaborations as Strive leverages its enhanced crypto holdings.
