Deal Done: Strive Closes Semler Acquisition, Expands Treasury to 12,798 Bitcoin

2026-01-17 06:23:00

Source: CryptoNewsNet Original Title: Deal Done: Strive Closes Semler Acquisition, Expands Treasury to 12,798 Bitcoin Original Link: Strive Inc. (Nasdaq: ASST) announced the completion of its acquisition of Semler Scientific Inc. (Nasdaq: SMLR), a transaction focused on bitcoin treasury expansion and healthcare operations.

Key Highlights

Strive now holds approximately 12,797.9 bitcoin, becoming the #11 largest public corporate holder of bitcoin globally. The completed acquisition materially increases the company’s digital asset exposure and elevates its standing among public corporate bitcoin holders worldwide.

Leadership Changes

The close of the transaction triggered several leadership changes tied to integration planning:

Avik Roy assumed the role of chief strategy officer, transitioning from an independent board member to full-time employment. His responsibilities include monetizing the operating business acquired from Semler Scientific, with emphasis on expanding early disease detection products.
Eric Semler, former chairman and executive chairman of Semler Scientific, joined Strive as an independent board member, providing continuity from the acquired business.
Joe Burnett, previously director of bitcoin strategy at Semler Scientific, entered Strive as vice president of bitcoin strategy, strengthening internal expertise around treasury management.

Strategic Vision

Strive positions itself as the first publicly traded asset management bitcoin treasury company focused on increasing bitcoin per share over the long term. Its wholly owned subsidiary, Strive Asset Management LLC, manages more than $2 billion in assets as an SEC-registered investment adviser.

Semler Scientific contributes medical device and software capabilities, including its FDA-cleared QuantaFlo product for peripheral arterial disease detection. Matt Cole, Strive’s chairman and CEO, noted that the balance sheet strengthens with doubled bitcoin holdings in four months, alongside double-digit bitcoin yields in recent quarters.

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