
Strive Inc. (NASDAQ: ASST) has announced the acquisition of Semler Scientific (NASDAQ: SMLR). The shareholders of Semler Scientific voted unanimously to approve its sale to Strive in an all-stock transaction deal.
According to the announcement, Strive will acquire 5,048 BTC from Semler Scientific. Strive also acquired an additional 123 BTCs at an average price of $91.5k, for a total of $11.2 million.
Once the acquisition of Semler Scientific is complete, Strive will hold a total of 12,797 BTCs. As such, Strive will be the 11th largest corporate Bitcoin holder.
“The Semler Scientific deal will continue Strive’s leading yield generation since the inception of our Bitcoin strategy, boosting our 2026 first quarter Bitcoin yield to over 15%, and is a win for both Strive and Semler Scientific shareholders,” Matt Cole, Chairman and CEO of Strive, stated.
Further, Strive will monetize Semler Scientific’s operating business. Additionally, the company will settle Semler Scientific $100 million convertible note and $20 million Coinbase loan.
Following the announcement, ASST stock dropped over 11% on Tuesday, January 13, to trade at about $0.96 at press time. However, the mid-cap Bitcoin treasury company recorded an impressive growth in 2025 and year-to-date, whereby its stock has rallied over 130% since January 2025.
Meanwhile, Bitcoin price has rebounded on renewed demand from institutional investors amid easing inflation in the United States. The flagship coin rallied around 3% on Tuesday to trade at about $93.6k at press time.
On February 23, the Trump-backed decentralized finance (DeFi) protocol World Liberty Financial reported that hackers…
While many people are still looking at older projects, a new wave of smart capital…
Ripple has always said it wants to fix one of banking’s biggest problems: slow and…
According to new research from Standard Chartered, the companies behind stablecoins are on track to…
More than 31 million XRP were transferred to Binance in a single day, according to…
The MYX Finance price has dropped nearly 25% to $0.64, sharply underperforming a broader crypto…