【BlockBeats】The Bitcoin treasury company Strive, listed on the US stock market, has just completed an important acquisition. On January 14th, Strive shareholders officially approved the acquisition of Semler Scientific. What does this transaction mean? After the merger, Strive’s Bitcoin holdings will jump to 12,798 coins, with a market value of approximately $1.22 billion — enough to place it among the top ten global corporate Bitcoin holders, specifically in 11th place.
From Strive’s perspective, their ambition is not just to accumulate BTC. The company explicitly states that the next step is to tokenize and transform Semler’s medical diagnostics business, while also resolving Semler’s $120 million debt burden. After the acquisition, Eric Semler, the Executive Chairman of Semler Scientific, will join Strive’s board of directors, indicating a deep integration between the two companies.
Interestingly, the market’s reaction to this news was not enthusiastic. After the announcement, the stock prices of both Strive and Semler Scientific fell by about 10%. It seems investors will need more time to verify the long-term value of this transaction.
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Strive acquires Semler Scientific, Bitcoin reserves jump to the 11th largest corporate holder
【BlockBeats】The Bitcoin treasury company Strive, listed on the US stock market, has just completed an important acquisition. On January 14th, Strive shareholders officially approved the acquisition of Semler Scientific. What does this transaction mean? After the merger, Strive’s Bitcoin holdings will jump to 12,798 coins, with a market value of approximately $1.22 billion — enough to place it among the top ten global corporate Bitcoin holders, specifically in 11th place.
From Strive’s perspective, their ambition is not just to accumulate BTC. The company explicitly states that the next step is to tokenize and transform Semler’s medical diagnostics business, while also resolving Semler’s $120 million debt burden. After the acquisition, Eric Semler, the Executive Chairman of Semler Scientific, will join Strive’s board of directors, indicating a deep integration between the two companies.
Interestingly, the market’s reaction to this news was not enthusiastic. After the announcement, the stock prices of both Strive and Semler Scientific fell by about 10%. It seems investors will need more time to verify the long-term value of this transaction.