Overview
- Semler Scientific investors approved an all‑stock acquisition that will transfer 5,048.1 BTC to Strive once the deal closes, which the companies say is expected in the coming weeks.
- Strive disclosed a separate purchase of 123 BTC at an average price of $91,561, lifting its standalone holdings to 7,749.8 BTC ahead of closing.
- On completion, the combined treasury would total 12,797.9 BTC, which the company says would rank 11th among public corporate holders and surpass Tesla and Trump Media & Technology Group.
- Strive’s board approved a 1‑for‑20 reverse stock split to meet institutional trading standards, and shares of both Strive and Semler fell by double digits following the announcements.
- Management plans to monetize Semler’s diagnostics business within 12 months and explore retiring about $120 million of legacy debt using preferred equity; Eric Semler is slated to join the board post‑close and leadership projects a Bitcoin yield above 15% in Q1 2026.