Right, so it appears Strive Inc. has managed to pull off a bit of financial hocus-pocus. They’ve convinced the chaps at Semler Scientific to join forces, and the result, as these things often are, involves a frankly alarming quantity of Bitcoin.
Strive’s Bitcoinesque Incursion
A positively ripping corporate manoeuvre has occurred. Strive Inc. (Nasdaq: ASST), a firm dedicated to accumulating digital whatsits – Bitcoin, to be precise – has announced that its all-stock acquisition of Semler Scientific Inc. (Nasdaq: SMLR) has been given the nod by Semler’s shareholders. This, naturally, means a rather substantial boost to Strive’s digital holdings. One suspects a few bean counters are having a weak moment.
“As part of this quite thoroughgoing arrangement,” the announcement states – and announcements do rather like stating things – “Strive will acquire Semler Scientific’s 5,048.1 Bitcoin.” Which, if you’re keeping score, is a goodly number.
“Upon completion of the Semler Scientific acquisition, the combined entity will boast 12,797.9 Bitcoin, thereby surpassing even the likes of Tesla and that fellow Trump’s media venture, situating them as the 11th largest corporate possessor of the digital currency.”
Prior to this grand scheme, Strive had already indulged in a bit of a spree, purchasing an additional 123 Bitcoin at an average price of $91,561 – a sum that, one imagines, might induce a slight fluttering of the pulse. This brought their total to a respectable 7,749.8 Bitcoin, just waiting for the Semler windfall.
The market, in a typically excitable fashion, responded with a bit of a wobble. Strive’s shares dipped to $0.97, a rather nasty tumble, while Semler Scientific wasn’t faring much better. Volume soared, a sure sign that someone, somewhere, was having a spot of bother. 🧐
A chap named Cole, presumably a key player in this saga, explained that the transaction supports Strive’s “long-term capital strategy,” adding:
“The Semler Scientific deal will jolly well continue Strive’s impressive yield generation and significantly boost our 2026 first quarter Bitcoin yield to over 15%, a win-win for all concerned, naturally. We’re proving to the world that Bitcoin is the thing to aim for.”
Within a year, Strive intends to sort out Semler Scientific’s affairs and settle a few debts. They’ve even approved some stock shenanigans – a reverse split, naturally – to make things seem more substantial for the big players. And, adding a touch of panache, Semler’s chairman will be joining the Strive board. Cantor Fitzgerald and Liontree Advisors, ever helpful chaps, provided financial advice.
Frequently Asked Questions 🤔
- Just how many Bitcoin will Strive possess once the Semler Scientific acquisition is finalized?
The combined entity should be holding a whopping 12,797.9 Bitcoin. - What motivated Strive to acquire Semler Scientific through an all-stock deal?
The acquisition significantly expands Strive’s Bitcoin treasury and aligns with their long-term plans. - How did the market react to the announcement?
Both Strive’s and Semler Scientific’s stocks experienced a rather undignified dip, accompanied by a surge in trading activity. - What financial adjustments does Strive have planned following the acquisition?
Strive intends to streamline Semler’s business and settle outstanding debts, naturally.
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2026-01-15 07:58