Core Insights - Strive Asset Management and Semler Scientific stocks experienced significant premarket gains, with Strive rising approximately 30% to $1.46 and Semler increasing 18% to $28.40, driven by the merger announcement of the two bitcoin treasury companies [1][3] Group 1: Stock Performance - Strive's shares surged about 30% to $1.46, while Semler's stock rose 18% to $28.40 in premarket trading [1] - The rally followed investor Mike Alfred's announcement of acquiring over 1 million shares of Strive [1] - The WallStreetBets community has shown increased interest in Strive, listing it among the top-trending tickers with over 100 mentions [2] Group 2: Merger Details - Strive announced an all-stock acquisition of Semler Scientific, valuing Semler at a 210% premium, or $90.52 per share based on the previous Friday's close [3] - Each Semler share will convert into 21.05 shares of Strive upon the deal's completion [3] Group 3: Market Reaction - Following the merger announcement, both stocks faced a decline, with ASST trading below $0.80 per share at one point, nearly 50% below the bitcoin value on its balance sheet [4] - The combination of low valuation, a rebound in bitcoin prices, and Alfred's tweet contributed to the recent stock price surge [4]