Core Insights - Strive has increased its Bitcoin holdings to over $1.1 billion, positioning itself among the top 10 publicly traded holders of Bitcoin [1] - The firm acquired 333.89 Bitcoin at an average price of $89,851, raising its total Bitcoin holdings to 13,131.82 BTC [2] - Strive has paid off 92% of the debt from its acquisition of Semler Scientific, a medical technology firm that adopted a Bitcoin treasury strategy [2][3] Company Actions - Strive's CEO, Matt Cole, highlighted the company's effective management of a Bitcoin-powered treasury and plans to retire the remaining debt by April [3] - The firm has reverted to a preferred equity-only amplification structure to align Bitcoin financing with its long-duration nature [4] - Strive completed a follow-on offering of 1.3 million shares of its preferred stock SATA at $90 per share, with over $600 million in demand [6] Acquisition Details - The acquisition of Semler Scientific was approved by shareholders two weeks prior, combining Semler's 5,048 BTC with Strive's holdings [5] - The deal was finalized shortly after the approval, impacting the share prices of both companies [5] Market Performance - Strive's shares (ASST) have decreased approximately 1.5% since the announcement and nearly 10% over the week, with a significant drop of over 78% in the last six months [7]