Strive shareholders approve merger with Semler Scientific, total BTC holdings will increase to 12,798 coins

BTC-1.20%

BlockBeats News, January 14 — The shareholders of the Bitcoin crypto treasury (DAT) company Strive listed on the US stock market have approved the acquisition of another Bitcoin treasury company, Semler Scientific. After the merger, BTC holdings will increase to 12,798 coins, valued at approximately $1.22 billion, making it the 11th largest corporate holder.

Strive stated that its goal is to tokenize Semler’s medical diagnostics business and address $120 million in debt. After the transaction is completed, Eric Semler, Executive Chairman of Semler Scientific, will join Strive’s board of directors. Following this announcement, the stock prices of Strive and Semler Scientific each fell by about 10%.

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