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Vivek Ramaswamy’s Strive to Acquire Bitcoin-Focused Semler Scientific

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Sohrab Khawas

Vivek Ramaswamy’s Strive announced plans to acquire Bitcoin-focused Semler Scientific through an all-stock deal valued at a 210% premium. Semler shareholders will receive 21.05 Strive shares for each Semler share. Strive also purchased 5,816 Bitcoin for $675 million, bringing combined Bitcoin holdings post-merger to over 10,900. The merged company aims to become a leading corporate Bitcoin holder, using a preferred equity leverage model and exploring monetization of Semler’s diagnostics business for growth.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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