Group 1 - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Semler Scientific (NASDAQ: SMLR) [1] - A federal securities lawsuit alleges that insiders at Semler Scientific misrepresented or failed to disclose a material investigation by the U.S. Department of Justice regarding violations of the False Claims Act [2] - The lawsuit claims that the company's public statements were materially false and/or misleading at all relevant times due to the undisclosed investigation [2] Group 2 - Shareholders who purchased SMLR prior to March 10, 2021 are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3] - Kuehn Law covers all case costs and does not charge investor clients, emphasizing the importance of shareholder participation in maintaining market integrity [4]

Group 1: Acquisition and Corporate Strategy - Strive, Inc. has successfully completed the acquisition of Semler Scientific, making it the 11 largest public corporate holder of bitcoin globally with approximately 12,797.9 bitcoin [1] - The company aims to monetize the operating business from the Semler Scientific subsidiary by expanding its focus on early disease detection products under the leadership of newly appointed Chief Strategy Officer Avik Roy [2] Group 2: Leadership and Expertise - Avik Roy, who has a background in science from MIT and medical training from Yale, has extensive experience in biotech and healthcare, having worked at Bain Capital and J.P. Morgan [3] - Eric Semler, former chairman of Semler Scientific, has joined Strive as an independent board member, while Joe Burnett, previously director of Bitcoin Strategy for Semler Scientific, has taken on the role of VP of Bitcoin Strategy at Strive [4] Group 3: Company Overview - Strive is the first publicly traded asset management Bitcoin treasury company, focused on increasing Bitcoin per share to outperform Bitcoin over the long run, managing over $2 billion in assets since launching its first ETF in August 2022 [5] - Semler Scientific is recognized as a leader in medical devices and software for chronic diseases, with its flagship product QuantaFlo providing rapid point-of-care testing for peripheral arterial disease [6]

Core Viewpoint - Strive and Semler announced an all-stock merger to consolidate Bitcoin treasuries, leading to significant stock price declines for both companies on the announcement day [1] Group 1: Merger Details - Semler shareholders voted overwhelmingly in favor of the acquisition with 8,732,675 votes for and 633,524 against, resulting in approximately 93% support for the transaction [2] - The merger allows Strive to absorb Semler's 5,048.1 Bitcoin into its corporate treasury, increasing Strive's total Bitcoin holdings to 12,797.9 Bitcoin post-merger [2][3] Group 2: Financial Implications - Strive purchased an additional 123 Bitcoin for $11,264,000, averaging $91,561 per Bitcoin, bringing its pre-merger holdings to 7,749.8 Bitcoin [3] - The combined entity will become the 11th largest corporate holder of Bitcoin globally, surpassing holdings of Tesla and Trump Media & Technology Group [4] Group 3: Strategic Plans - Management plans to monetize Semler's legacy healthcare operations within 12 months post-transaction, using proceeds to retire Semler's $100 million convertible note and $20 million Coinbase loan [5] - Strive aims to maintain a simple corporate structure focused on Bitcoin accumulation and preferred equity amplification, with a strategy described as "execution with Bitcoin as your hurdle rate" [5] Group 4: Capital Structure and Governance - Strive plans to focus its capital structure on preferred equity rather than debt, citing over $100 million in inbound demand for its preferred equity following a recent oversubscribed offering [6] - Eric Semler, executive chairman of Semler, will join the Strive Board of Directors as part of the merger [6]

Group 1 - Strive, Inc. has received shareholder approval to acquire Semler Scientific in an all-stock transaction [1] - Upon completion of the transaction, Strive will hold a total of 12,797.9 BTC, becoming the 11th largest corporate holder of Bitcoin globally [1] - Strive plans to monetize Semler's medical device business within 12 months post-transaction and repay $100 million in convertible debt and $20 million in Coinbase loans [1]

Core Viewpoint - Strive shareholders approved the acquisition of Semler Scientific, but the announcement of a one-to-20 reverse stock split surprised investors, leading to declines in share prices for both companies [1][3]. Group 1: Acquisition Details - The all-stock transaction will transfer Semler's 5,048 BTC to Strive, resulting in a combined total of nearly 12,798 Bitcoin, positioning the new entity ahead of Tesla and Trump Media & Technology Group in Bitcoin reserves, ranking 11th among corporate holders [2]. - Strive's recent purchase of 123 BTC for $11.3 million at an average price of $91,561 is included in the total Bitcoin holdings [2]. Group 2: Stock Split and Market Reaction - The reverse stock split aims to align Strive's share price with institutional participation standards, as the stock had been trading below $1 for much of the past three months [3]. - Following the announcement, Strive's stock dropped to as low as $0.90 and traded 12% lower, while Semler shares fell nearly 10% [3]. Group 3: Management Perspective - Strive's CEO, Matt Cole, characterized the reverse split as "meaningless from a valuation standpoint," but noted it would facilitate institutional investment in the stock [4]. Group 4: Industry Context - The merger and stock maneuver highlight consolidation pressures in the digital asset treasury sector, as investor enthusiasm has diminished alongside falling stock prices [5]. - Many firms in the sector are trading below the net asset value of their crypto holdings, which restricts their ability to raise capital for expansion [5]. - Mergers and asset roll-ups are becoming essential strategies for scaling operations and enhancing market visibility [5]. Group 5: Financial Strategy - Strive plans to monetize Semler's medical diagnostics business and eliminate approximately $120 million in outstanding debt, which includes a $100 million convertible note and a $20 million loan from Coinbase [6]. - The company intends to maintain a lean corporate structure, focusing on Bitcoin operations and yield generation [6].

Core Viewpoint - Semler Scientific shareholders have approved the acquisition by Strive Inc. in an all-stock transaction, which will position Strive as the 11th largest publicly traded holder of Bitcoin, although investor sentiment appears pessimistic regarding the deal [1][2]. Group 1: Company Details - Strive shares have fallen nearly 13% following the acquisition news, trading at approximately $0.96, while Semler Scientific shares have dropped about 11%, trading just above $20 [2]. - Semler currently holds 5,048.1 BTC in its treasury, and combined with Strive's 7,626 BTC, the total Bitcoin holdings will be valued at $1.1 billion at current prices [2][3]. - Strive recently acquired an additional 123 BTC at an average price of $91,561, which will enhance the combined company's Bitcoin holdings [3]. Group 2: Historical Context - Semler Scientific was previously known for its medical devices aimed at chronic diseases, including the FDA-approved QuantaFlo cardiovascular testing device, and was an early adopter of Bitcoin as a treasury reserve asset [4]. - Strive was founded in 2022 as an "anti-ESG" investment firm, raising $20 million from notable investors, and adopted Bitcoin as a treasury reserve asset in May before announcing the acquisition of Semler in September [5].

Core Viewpoint - Strive, Inc. has successfully acquired Semler Scientific, Inc., marking a significant milestone as the first acquisition of a publicly traded Bitcoin treasury company, which will enhance Strive's Bitcoin holdings and operational strategy [1][4]. Group 1: Acquisition Details - Semler Scientific stockholders approved the acquisition by Strive, which includes the transfer of 5,048.1 Bitcoin [1]. - Strive has also purchased an additional 123 Bitcoin for its corporate treasury at an average price of $91,561 per Bitcoin, totaling $11,264,000, increasing its total Bitcoin holdings to 7,749.8 [2]. - Post-acquisition, the combined entity will hold 12,797.9 Bitcoin, positioning it as the 11th largest corporate holder of Bitcoin, surpassing both Tesla and Trump Media & Technology Group [2]. Group 2: Financial Strategy - Strive plans to monetize Semler Scientific's operating business within 12 months of the transaction close and aims to retire Semler Scientific's $100 million convertible note and $20 million Coinbase loan, depending on market conditions [3]. - The acquisition is expected to boost Strive's Bitcoin yield to over 15% in the first quarter of 2026, continuing its yield generation strategy since the inception of its Bitcoin operations [4]. - Strive intends to issue more preferred equity (SATA) over the next 12 months to support its strategic goals, including retiring legacy debt [4]. Group 3: Corporate Structure and Governance - Strive is recognized as the second company globally to have a publicly traded perpetual preferred equity instrument (SATA) backed by a Bitcoin balance sheet, offering a unique risk profile to fixed income investors [5]. - A 1-20 reverse stock split for Class A and Class B common stock has been approved to align share prices with institutional participation standards [5][6]. - Following the merger, Semler Scientific's Executive Chairman, Eric Semler, will join Strive's Board of Directors [7]. Group 4: Company Background - Strive, Inc. is the first publicly traded asset management Bitcoin treasury company, currently managing over $2 billion in assets and holding 7,749.8 Bitcoin [8]. - Semler Scientific, Inc. is a leader in medical devices and software for chronic diseases and is the second U.S. public company to adopt Bitcoin as its primary treasury reserve asset [10].

Core Viewpoint - A shareholder vote on January 13 will determine if Semler Scientific and Strive proceed with a merger, potentially positioning the combined entity as a significant player in Bitcoin reserves with approximately 13,000 BTC [1][3]. Group 1: Merger Details - The merger, first announced in September 2025, is an all-stock transaction that combines Strive, a Bitcoin treasury vehicle, with Semler, a smaller public company involved in health diagnostics and Bitcoin holdings [2]. - Strive has committed to substantial Bitcoin purchases, which will significantly increase the combined treasury beyond the previously reported 10,900 BTC to an estimated 13,000 BTC post-merger [3]. Group 2: Shareholder Engagement - Eric Semler, the founder of Semler, is actively encouraging shareholders to support the merger, framing the vote as a pivotal moment for the company's transition into a crypto-focused strategic reserve [4]. - Under the merger agreement, Semler stockholders will receive 21.05 shares of Strive ($ASST) for each share of Semler ($SMLR) [3]. Group 3: Market Context - Both companies' stocks are currently under market scrutiny, with Strive's shares fluctuating between approximately $0.85 and $1.08, while Semler's shares are experiencing pressure related to the implied acquisition value [5].

Core Viewpoint - Semler Scientific's Chairman Eric Semler is urging shareholders to vote in favor of the merger with Strive, scheduled for a special meeting on January 13, 2026, despite a 21% decline in stock value since the acquisition announcement [1][2]. Group 1: Merger Details - Shareholders of Semler Scientific will receive 21.05 shares of Strive (ASST) for each share of Semler (SMLR) upon completion of the merger [2]. - The combined entity is expected to hold nearly 13,000 bitcoins, positioning it among the top five pure-play bitcoin treasuries according to Bitcointreasuries.net [2]. Group 2: Executive Statements - Eric Semler expressed that the merger provides SMLR shareholders the opportunity to benefit from one of the leading digital credit companies, emphasizing the significant bitcoin holdings post-merger [2]. - Following the transaction, Eric Semler confirmed his intention to join the board of directors at Strive [2].

Stock performance chart of Strive (ASST) alongside Bitcoin imagery representing a proposed corporate treasury merger. Photo by BeInCrypto Semler Scientific (SMLR) and Strive Asset Management (ASST) are poised to create one of the largest corporate Bitcoin treasuries in the US. If approved by shareholders on January 13, 2026, the all-stock merger would combine the two companies’ operations to manage approximately 13,000 BTC, instantly ranking the new entity among the top 11 public companies by Bitcoin hold ...