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