Strive Acquires Semler Scientific in All-Stock Deal, Holds 10,900 Bitcoin

Key Points:

Strive, Inc., co-founded by Ohio gubernatorial candidate Vivek Ramaswamy, has acquired Semler Scientific in an all-stock deal.
The transaction was completed at a 210% premium, valuing shares at approximately $90.52 each.
Strive recently bought 5,816 Bitcoin at an average price of $116,047 per Bitcoin, totaling its holdings to 5,886 Bitcoin.
Semler Scientific had previously acquired 210 Bitcoin, raising its total to 4,846 Bitcoin before the merger.
The combined entity now holds over 10,900 Bitcoin, making it the 12th largest public Bitcoin holder, just behind Tesla.
Eric Semler, former executive chairman of Semler Scientific, will join the board post-merger.
The merger aims to expand into a preventative care and wellness platform focused on early detection of chronic diseases.
Strive's strategies and capital structure aim to outperform Bitcoin long-term.

Bitcoin Treasuries Overview