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Strive to Acquire Semler in $1.34B All-Stock Deal to Boost Bitcoin Holdings
Bitcoin-focused company Strive is acquiring diagnostics firm Semler Scientific in an all-stock transaction valued at $1.34 billion, including a plan to add ~5,816 BTC worth $675 million. The deal gives Semler shareholders 21.04 Strive Class A shares per share, and boosts combined BTC holdings to over 10,900 coins. The move signals increased corporate adoption of bitcoin as a strategic treasury asset.
Companies:
- Strive
- Semler Scientific
Tags:
- Bitcoin
- corporate treasury
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
positive
Strive to Acquire Semler in $1.34B All-Stock Deal to Boost Bitcoin Holdings
Bitcoin-focused company Strive is acquiring diagnostics firm Semler Scientific in an all-stock transaction valued at $1.34 billion, including a plan to add ~5,816 BTC worth $675 million. The deal gives Semler shareholders 21.04 Strive Class A shares per share, and boosts combined BTC holdings to over 10,900 coins. The move signals increased corporate adoption of bitcoin as a strategic treasury asset.
Companies:
- Strive
- Semler Scientific
Tags:
- Bitcoin
- corporate treasury
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
1 min read
61 words
Strive acquires Semler in $1.34B deal, adding ~5,816 BTC to its holdings.
Bitcoin-focused company Strive is acquiring diagnostics firm Semler Scientific in an all-stock transaction valued at $1.34 billion, including a plan to add ~5,816 BTC worth $675 million. The deal gives Semler shareholders 21.04 Strive Class A shares per share, and boosts combined BTC holdings to over 10,900 coins. The move signals increased corporate adoption of bitcoin as a strategic treasury asset.
Bitcoin-focused company Strive is acquiring diagnostics firm Semler Scientific in an all-stock transaction valued at $1.34 billion, including a plan to add ~5,816 BTC worth $675 million. The deal gives Semler shareholders 21.04 Strive Class A shares per share, and boosts combined BTC holdings to over 10,900 coins. The move signals increased corporate adoption of bitcoin as a strategic treasury asset.
Companies:
- Strive
- Semler Scientific
Tags:
- Bitcoin
- corporate treasury
- Bitcoin
- corporate treasury
- M&A
- crypto strategy