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Semler Scientific Stock Is Moving Higher Monday: Here's Why - Semler Scientific (NASDAQ:SMLR)
The merger creates a single firm holding nearly 11,000 Bitcoin, aiming to offer investors increased exposure amid growing institutional adoption and regulatory clarity.
- On Monday, Strive Inc., led by Vivek Ramaswamy, announced an all-stock deal to acquire Semler Scientific, combining their Bitcoin treasuries into one firm.
- The merger follows Strive's recent Nasdaq listing and a merger with Asset Entities, reflecting growing interest in corporate Bitcoin adoption amid clearer regulation.
- The deal includes Strive purchasing 5,816 bitcoin for $675 million and results in a combined holding of over 10,900 bitcoin in the merged company.
- Strive CEO Matt Cole highlighted that the company's rapid merger with Semler Scientific shortly after going public demonstrates a level of efficiency and decisiveness unprecedented in Bitcoin treasury management, emphasizing that clearer regulations have facilitated greater institutional Bitcoin adoption.
- Industry experts expect this merger to accelerate consolidation in digital asset holdings as public firms seek liquidity and legitimacy in cryptocurrency exposure.
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Cryptocurrency News | Cryptocurrency Prices | Market CapStrive to merge with Semler Scientific to form “the fastest growing corporate Bitcoin holder”
Meanwhile, Metaplanet made its largest acquisition to date of 5,419 bitcoin....
Vivek Ramaswamy-backed Strive to acquire Semler Scientific in $1.34B stock deal, expanding Bitcoin holdings - Tech Startups
Strive is doubling down on its bet that bitcoin belongs on corporate balance sheets. On Monday, the crypto firm backed by Vivek Ramaswamy said it will acquire Semler Scientific in an all-stock deal valued at about $1.34 billion, a move […] The post Vivek Ramaswamy-backed Strive to acquire Semler Scientific in $1.34B stock deal, expanding Bitcoin holdings first appeared on Tech Startups.
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Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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