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Strive and Semler Stocks Slide Following Shareholder Vote on Bitcoin Treasury Strategy
Shareholders have greenlit the acquisition of bitcoin as a treasury reserve asset, yet market sentiment turned bearish immediately after. Stock prices for both Strive and Semler took hits in the aftermath, reflecting investor caution around cryptocurrency exposure.
The decision represents a significant corporate pivot toward digital assets, aligning with broader institutional adoption of bitcoin as a store of value. However, the immediate sell-off suggests traders and investors remain divided on the strategy's timing and execution—especially amid volatile crypto market conditions.
This move underscores the ongoing tension between traditional finance adoption of bitcoin and market skepticism about near-term price movements. Whether this treasury initiative becomes a long-term value play or a cautionary tale may depend heavily on bitcoin's performance trajectory over the coming months.