Strive, Inc. announces the approval for the acquisition of Semler Scientific, Inc.
The all-stock transaction involves acquiring Semler Scientific's 5,048.1 Bitcoin and additional Bitcoin for corporate treasury.
Upon completion, the combined company will become the 11th largest corporate holder of Bitcoin, surpassing Tesla and Trump Media & Technology Group.
Bitcoin Acquisition
Strive to acquire Semler Scientific's 5,048.1 Bitcoin and purchase additional Bitcoin for corporate treasury.
Yield Generation
The acquisition boosts Strive's 2026 1st quarter Bitcoin yield to over 15%, a win for both Strive and Semler Scientific shareholders.
Preferred Equity Issuance
Strive issued SATA preferred equity during the IPO and intends to issue more to retire Semler Scientific's legacy debt.
- Strive focuses on Bitcoin operations with a preferred equity structure to retire Semler Scientific's debt.
- The acquisition enhances Strive's position as a leading Bitcoin treasury company in the market.
The acquisition positions Strive as a major player in the Bitcoin market, aligning with their strategic focus on Bitcoin operations and preferred equity issuance.