Strive to Acquire Semler for $1.34B, Boost Bitcoin Holdings

Strive, a Bitcoin-focused firm backed by Vivek Ramaswamy, will acquire Semler Scientific in an all-stock deal valued at about **$1.34 billion**. Semler shareholders will receive 21.04 Strive Class A shares per Semler share, implying a premium above Semler’s prior trading price. Along with the acquisition, Strive will purchase ~5,816 bitcoins for $675 million, pushing its total Bitcoin holdings to over 10,900 BTC. Future acquisitions will be via “preferred equity only.”