Strive shareholders approve merger with Semler Scientific, total BTC holdings will increase to 12,798 coins

robot
Abstract generation in progress

On January 14, the shareholders of Strive, a Bitcoin crypto treasury (DAT) company listed on the US stock market, approved the acquisition of another Bitcoin treasury company, Semler Scientific. After the merger, BTC holdings will increase to 12,798 coins, valued at approximately $1.22 billion, making it the 11th largest corporate holder. Strive stated that its goal is to tokenize Semler’s medical diagnostics business and address $120 million in debt. After the transaction is completed, Eric Semler, Executive Chairman of Semler Scientific, will join Strive’s board of directors. Following the announcement, the stock prices of Strive and Semler Scientific dropped by about 10% each.

BTC3.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)