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Listed company Strive and Semler Scientific reached an all-stock merger transaction, the combined company will hold more than 10,900 bitcoins

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2025-09-22 12:39:06
On September 22nd, according to Globe Newswire, Strive, Inc. (NASDAQ: ASST) and Semler Scientific, Inc. (NASDAQ: SMLR) announced a definitive agreement for an all-stock merger transaction.
In addition, Strive announced the purchase of 5,816 bitcoins into the company's assets at an average price of $116,047 each, for a total purchase price of $675 million, bringing its total bitcoin holdings to 5,886.
The merged company will hold more than 10,900 bitcoins and plans to adopt a "preference share only" leverage model to avoid the debt maturity risk of traditional leveraged bitcoin strategies. The merged company also plans to explore monetizing or spin-off Semler Scientific's historically profitable diagnostics business in the future.
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