Strive, Semler Scientific acquisition…5816 Bitcoin secured

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Son Min

Summary

  • Strive said it will acquire Nasdaq-listed Bitcoin(BTC) holding company Semler Scientific.
  • They said the acquisition is at $90.52 per share for Semler Scientific, a price that represents a premium of over 200% compared to Friday's closing price (premium).
  • Strive said it will additionally secure 5816 Bitcoin, bringing its holdings to about 10,900.

U.S. asset manager Strive(Strive) is acquiring Nasdaq-listed Bitcoin(BTC) reserve company Semler Scientific.

On the 22nd (local time), Bloomberg reported that Strive will acquire Semler Scientific for about $90.52 per share. That is a price with a premium of over 200% compared with Friday's closing price ($29).

Through this deal, Strive will additionally secure 5816 Bitcoin held by Semler Scientific. If the merger is completed, Strive's Bitcoin holdings are expected to reach about 10,900.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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