Asset management firm Strive Inc. today announced a merger with health tech firm Semler Scientific to create a new Bitcoin (BTC) treasury company that will hold more than 10,000 BTC on its balance sheet.

Strive Merges With Semler Scientific, Expands Bitcoin Holdings

According to an announcement earlier today, US politician and entrepreneur Vivek Ramaswamy’s Strive Inc. has inked a merger deal with Semler Scientific in an all-stock transaction.

In addition, Strive announced the acquisition of 5,816 BTC – purchased for a total of $675 million – at $116,047 per coin. Today’s purchase has increased Strive’s total BTC holdings significantly, pushing them to 5,886 BTC.

The merger deal with Semler Scientific represents an approximately 210% premium, equivalent to roughly $90.52 per share. T

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