Strive and Semler Scientific Merge in All-Stock Deal - Forging Bitcoin Treasury Titan

Two healthcare giants just rewrote the corporate treasury playbook—by going all-in on Bitcoin.

The New Digital Gold Standard

Strive and Semler Scientific announced a complete merger through an all-stock transaction that creates what insiders call a 'Bitcoin treasury powerhouse.' The combined entity now holds one of the largest corporate Bitcoin reserves outside the pure-play crypto sector.

Wall Street Meets Blockchain

The deal structures corporate treasury management for the digital age—bypassing traditional bond allocations and cutting through conventional asset allocation models. Both companies will leverage their combined balance sheet to accelerate Bitcoin accumulation strategies.

The Institutional Pivot

This isn't just another corporate Bitcoin purchase—it's a fundamental restructuring of how public companies approach reserve assets. The merger creates a blueprint for other corporations still clinging to outdated treasury management strategies.

Meanwhile, traditional finance executives continue debating Bitcoin's volatility—while missing the entire point about portfolio diversification in a digital economy.

Bitcoin Treasury Strengthened with $675 Million Purchase

In conjunction with the merger announcement, Strive reveals it has purchased 5,816 Bitcoin at an average price of $116,047 per bitcoin, totaling $675 million. This acquisition increases Strive’s total holdings to 5,886 bitcoin.

Following the merger, the combined company WOULD own more than 10,900 bitcoin, excluding any additional purchases funded through future capital raises.

Earlier this year, Semler Scientific said it is planning to accumulate 10,000 bitcoin and targets 105,000 Bitcoin by 2027. The company appointed BTC expert Joe Burnett as Director of Bitcoin Strategy to help lead its ambitious plans

Semler Scientific already holds 4,449 Bitcoin in its stash and plans to add 10,000 Bitcoin by this year and 105,000 BTC by 2027.#SemlerScientific #BitcoinAccumulationhttps://t.co/4kOpdEq8qA

Future Plans for Diagnostics Business

While bitcoin holdings remain central to the merger, the combined company also intends to explore options to monetize or distribute Semler Scientific’s profitable diagnostics business.

The strategy includes expanding into preventative diagnostics, focusing on early detection of chronic diseases and broader wellness initiatives. This dual approach aims to balance financial growth through bitcoin accumulation with mission-driven expansion in healthcare.

Strive’s management and board of directors will continue to lead the merged entity, with Semler Scientific’s Executive Chairman Eric Semler joining the board post-closing.

Leadership Views on the Transaction

“This merger cements Strive’s position as a top Bitcoin treasury company. We believe our capital structure and strategies position us to outperform bitcoin over the long run,” said Matt Cole, Chairman and CEO of Strive.

“This merger creates significant value for our stockholders by delivering a substantial premium and direct participation in one of the most innovative bitcoin strategies in the public markets,” said Eric Semler from Semler Scientific, Inc.

With unanimous board approval and strong alignment on strategy, the merger is positioned to create a scaled, innovative bitcoin acquisition platform while expanding into preventative healthcare.