Vivek Ramaswamy’s Strive to add over 5,000 Bitcoin in approved Semler Scientific deal
Strive, backed by Vivek Ramaswamy, will acquire Semler Scientific, adding over 5,000 Bitcoin to its treasury.Summary
Vivek Ramaswamy-backed asset management firm Strive has received shareholder approval for its acquisition of Semler Scientific, a move expected to close soon. Strive currently holds nearly 7,750 BTC, and upon closing the deal, its Bitcoin treasury will increase to 12,798 BTC, making it the 11th largest corporate holder, surpassing entities like Tesla and Trump Media & Technology Group. Strive's Chairman and CEO, Matt Cole, highlighted the historic nature of acquiring a publicly traded Bitcoin treasury company. Strive plans to monetize Semler Scientific's operations, address its debts, and focus exclusively on Bitcoin operations and preferred equity, while also announcing a 1-20 reverse stock split for the merged entity.
(Source：Crypto Briefing)