Strive Jumps Past Tesla With 12,798 Bitcoin Treasury Move: Will BTC USD Breeze Past $100,000?
Yahoo Finance·2026-01-15 09:35

Group 1 - Strive has acquired Semler Scientific, increasing its Bitcoin holdings to 12,797.9 BTC, marking a significant event in the Bitcoin Treasury movement [1][4] - The acquisition reflects a trend where public companies are adopting Bitcoin as a treasury asset, similar to the strategy popularized by MicroStrategy [3][5] - The Bitcoin price remains strong, trading above December 2025 highs, with a local floor at $94,000 and a potential target of $100,000 [2] Group 2 - Strive's acquisition involved transferring 5,048.1 BTC from Semler, adding to its existing 5,886 BTC [4] - The demand for Bitcoin-backed strategies is evident as Strive's capital raise using preferred equity was oversubscribed two times [6] - Holding Bitcoin as a core asset reduces market supply and provides long-term support, as companies do not engage in daily trading [5]

Strive Jumps Past Tesla With 12,798 Bitcoin Treasury Move: Will BTC USD Breeze Past $100,000? - Reportify