Investing & Markets

Strive & Semler Merge: A New 10,900 BTC Treasury Powerhouse

Strive & Semler Merge: A New 10,900 BTC Treasury Powerhouse

Asset management firm Strive Inc. has officially announced its merger with health technology company Semler Scientific, a strategic move designed to establish a formidable new Bitcoin (BTC) treasury enterprise. This newly formed entity is poised to hold a substantial amount of over 10,000 BTC on its balance sheet, marking a significant development in the corporate adoption of the leading cryptocurrency. Strive and Semler Scientific Unite for Bitcoin Strategy The merger agreement, disclosed earlier today, involves an all-stock transaction between Strive Inc., co-founded by US politician and entrepreneur Vivek Ramaswamy, and Semler Scientific. This strategic alliance underscores a growing trend where companies are not only embracing Bitcoin as a treasury asset but are also restructuring to optimize their exposure and investment in the digital asset space. The aim is to create a robust financial vehicle specifically designed to maximize Bitcoin holdings and shareholder value. In conjunction…

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