
Jakarta, Pintu News – Strive, Inc. the investment company founded by Vivek Ramaswamy, recently announced the planned acquisition of Semler Scientific in a stock deal. This deal marks the growing role of Bitcoin in the company’s balance sheet and places Strive as one of the largest public holders of Bitcoin (BTC).
Under the announced deal, Semler Scientific shareholders will receive approximately $90.52 per share, a value that is 210% higher than the stock’s last market price. Each Semler share will be converted into 21.05 Strive Class A shares.
The deal has received unanimous approval from both companies’ boards of directors, but still requires customary closing conditions before it can be finalized. The merger announcement was accompanied by Strive’s purchase of 5,816 Bitcoin (BTC) at an average price of approximately $116,000 per coin, meaning the transaction was worth approximately $675 million. This increases Strive’s Bitcoin (BTC) reserves to 5,886 coins.
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After the merger, the combined company will control over 10,900 Bitcoin (BTC), making it one of the fastest growing corporate holders of Bitcoin (BTC). A similar move has also been taken by Metaplanet, who recently secured shareholder approval to increase their Bitcoin (BTC) cash with an $884 million purchase.
Strive executives stated that the new company will operate on a preferred equity model rather than traditional debt financing. This structure is designed to reduce the risks associated with debt maturity while accelerating Bitcoin (BTC) accumulation. “This merger solidifies Strive’s position as the leading Bitcoin (BTC) cash company,” said Strive CEO Matt Cole.
With this merger, Semler Scientific shareholders will gain direct exposure to one of the most aggressive Bitcoin (BTC) acquisition platforms in the market. Eric Semler, executive chairman of Semler Scientific, stated that this merger also provides room to expand its healthcare arm.
The company is known for its QuantaFlo device, which is used to detect peripheral arterial disease. In addition, they plan to grow their preventive diagnostics business alongside the Bitcoin (BTC) strategy.
This deal between Strive and Semler Scientific marks a new era in the integration between medical technology and Bitcoin (BTC)-based financial strategies. By meeting the set closing conditions, this merger will create a company that combines Bitcoin (BTC) cash growth with medical diagnostics, showing how aggressively Strive is betting on Bitcoin (BTC) as the basis of long-term corporate value.
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