Bitcoin News: Vivek Ramaswamy’s Strive and Semler Scientific Merger Creates 11,000 Bitcoin Treasury
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Key Insights: Bitcoin news gave some respite despite the larger market blues as Strive announced the acquisition of Semler Scientific. The company also announced a new purchase of 5,816 BTC worth $675 million. The merger would be key to their direction as Bitcoin treasury-focused companies. Vivek Ramaswamy-led Strive announced the acquisition of Semler Scientific on Monday, combining two leading Bitcoin treasury companies. The company also revealed a new purchase of 5,816 BTC worth $675 million, bolstering its Bitcoin treasury to hold 5,886 BTC. Strive and Semler Scientific to Merge Bitcoin Treasury Nasdaq-listed Strive disclosed signing a definitive agreement to acquire Semler Scientific in an all-stock transaction. Vivek Ramaswamy’s company will also consider monetizing or distributing Semler Scientific’s profitable diagnostics business, according to the official announcement on September 22. The merger will create one of the most Bitcoin treasury-focused companies. It will hold nearly 11,000 BTC in its corporate Bitcoin treasury, while raising funds to buy additional BTC in the accelerated Bitcoin strategy. Semler Scientific executive chairman Eric Semler is anticipated to join Strive management and Board of Directors. The board plans to work with a “preferred equity only” leverage model, removing debt maturity risks. Strive Acquires Semler Scientific | Source: Matt Cole Commenting on combining two pioneering Bitcoin treasury companies, Strive CEO Matt Cole, said the merger positions the firm among top Bitcoin treasury companies. He confirmed that the combined companies would acquire BTC at an “unmatched pace,” saying, Strive Purchases $675 Million in Bitcoin Strive raised its total bitcoin holdings to 5,886 BTC after the latest BTC purchase worth $675 million. The company acquired an additional 5,816 BTC at an average price of $116,047 per coin. On September 15, Vivek Ramaswamy’s company debuted its Bitcoin treasury with 69 BTC. The firm announced creating significant value for its stockholders with…
Filed under: News - @ September 22, 2025 5:27 pm