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Strive acquires Semler Scientific at a premium of 210%, purchasing 5816 Bitcoins to promote a dual-core strategy.
Bitcoin is gradually transitioning from an "investment target" to the "core of corporate finance," with American innovation company Strive once again setting a new example. The company announced that it has signed a final agreement to acquire the medical diagnostics company Semler Scientific entirely in stock, and simultaneously revealed that it purchased 5,816 Bitcoins as corporate treasury reserves at an average unit price of $116,047, totaling $675 million (including fees). This merger not only positions Strive as one of the publicly traded companies holding the most coins globally but also signifies a clear elevation of Bitcoin's strategic role in corporate strategies.
Acquisition details: Acquired at a 210% premium, Semler shareholders receive Strive shares in exchange.
According to the announcement, Strive will acquire Semler Scientific shares under the condition of exchanging each share for 21.05 shares of Strive Class A common stock, equivalent to a purchase price of $90.52 per share, which represents a premium of approximately 210% over Semler's closing price on September 19, 2025. After the transaction is completed, Strive will retain its existing management team and board of directors, while Semler's Executive Chairman Eric Semler will join the board of the merged company.
This transaction has been unanimously approved by both boards of directors and is currently awaiting formal closing after the completion of customary conditions.
Corporate strategy adjustment: Semler's medical business is expected to be spun off or monetized in the future.
Although Semler Scientific is known for its medical diagnostics business, both parties stated after the merger that they will consider monetizing, spinning off, or repositioning Semler's traditional medical diagnostics division in the future, transforming it into a business platform focused on preventive healthcare and early detection of chronic diseases.
This not only creates more value for shareholders but also signifies that the new company after the merger will adopt a "dual-core strategy": on one hand, strengthening the Bitcoin financial model, and on the other hand, developing innovative applications in healthcare.
Bitcoin Strategy: Complete BTC Transformation of Corporate Financial Assets, Total Holding Amount Will Exceed 10,900 Coins
In addition to the acquisition, Strive simultaneously announced the purchase of 5,816 Bitcoins at a total price of $675 million, bringing its total Bitcoin holdings in the corporate treasury to 5,886 coins. According to the announcement, the combined company's total coin holdings will exceed 10,900 coins, and there are still hopes for further expansion through capital increases and other means in the future.
At the same time, Strive adopts a corporate leverage model of "perpetual preferred stock" to avoid the traditional pressure of debt maturity, which is a new solution for the "Bitcoin company's financial policy strategy."
Strive Chairman and CEO Matt Cole stated: "This merger elevates our Bitcoin financial strategy to an industry-leading position. We view Bitcoin as a core asset that can consistently outperform market returns over the long term, and we look forward to maximizing shareholder value through capital structure design."
Dual Value Creation: Shareholders benefit from the rise of Bitcoin and the growth of the medical business.
Eric Semler, the Executive Chairman of Semler Scientific, pointed out that this transaction not only brings immediate high premiums to shareholders but also allows them to participate in one of the most innovative Bitcoin asset strategies globally.
He added: "We believe that this merger will not only enhance the company's financial flexibility but also drive the transformation of our existing healthcare business into a more robust chronic disease prevention platform. This is a new chapter that balances financial returns with mission-driven objectives."
With the conclusion of this transaction, Strive officially enters the first tier of companies holding large amounts of Bitcoin, providing a solution for corporate asset management that is entirely different from traditional models. By combining a high-growth Bitcoin treasury with a highly promising medical platform, Strive is creating a company that not only bridges technology and healthcare but also innovates in fiscal models.
Investors and the market will next focus on how to continue expanding Bitcoin holdings and shareholder value without relying on traditional debt leverage.
This article discusses Strive's acquisition of Semler Scientific at a premium of 210%, purchasing 5816 Bitcoins to promote a dual-core strategy, first appearing in Chain News ABMedia.