Strive Acquires Semler Scientific in All-Stock Deal, Creates 10,900 Bitcoin Treasury

Core Insights - Strive, Inc. has acquired Semler Scientific in an all-stock transaction, combining their Bitcoin treasuries [1][2] - The acquisition was finalized at a 210% premium, approximately $90.52 per share [2] - Post-merger, Strive's total Bitcoin holdings will exceed 10,900, making it the 12th largest public Bitcoin holder [3] Company Details - Strive, co-founded by Vivek Ramaswamy, is a financial services firm that has recently expanded its Bitcoin treasury significantly [1][3] - Semler Scientific had previously increased its Bitcoin holdings to 4,846 before the merger [3] - The new entity will be managed by Strive's existing management team, with Eric Semler joining the board [4] Strategic Implications - The merger aims to enhance shareholder value by expanding into a preventative care and wellness platform focused on chronic disease detection [4] - Strive's CEO emphasized that the company's strategies and capital structure are designed to outperform Bitcoin over time [4]