Strive invests $675 million to acquire Bitcoin, acquiring Semler Scientific at a 200% premium.

Asset management giant Strive announced an astonishing deal to acquire Semler Scientific at a premium of over 200%, while revealing that it has purchased 5,816 Bitcoins, totaling a value of $675 million. This bold move not only reshapes the company's strategic direction but also positions it among the largest corporate Bitcoin holders in the world.

Strive's significant acquisition of Semler Scientific, an all-equity transaction with an astonishing premium

Strive Asset Management Company announced on September 22 that it has reached an [agreement] ( https://www.globenewswire.com/news-release/2025/09/22/3153902/0/en/Strive-Inc-Nasdaq-ASST-and-Semler-Scientific-Inc-Nasdaq-SMLR-Announce-Bitcoin-Treasury-Merger-in-All-Stock-Transaction.html ) to acquire Semler Scientific, which focuses on Bitcoin, in an all-stock transaction. According to the terms of the deal, each share of Semler Scientific will be converted into 21.05 shares of Strive Class A common stock, with the target company valued at $90.52 per share, representing a premium of over 200% compared to its recent market value.

“This is a transformative transaction,” commented a senior financial analyst, “such a high premium is extremely rare in the current market environment, reflecting Strive's strong confidence in Semler's business and Bitcoin strategy.”

This merger outlines a dual-track plan for the company's future development. On one hand, Semler's mature diagnostic product line can be directly monetized or spun off to bring returns to shareholders; on the other hand, the merged company will significantly expand its footprint in the Bitcoin financial sector.

“We have seen a unique opportunity to combine traditional medical diagnostic services with innovative financial strategies,” said an executive from Strive during an interview. “This is not just simple business diversification, but a strategic bet on the future intersection of finance and healthcare.”

Leadership Integration and Company Vision

In terms of leadership arrangements, the current directors of Strive will continue to serve, while Eric Semler, the Executive Chairman of Semler Scientific, will join the merged board of directors. This integration of leadership aims to ensure a smooth transition for the business while injecting diverse expertise into the new company.

Eric Semler stated that this arrangement is a way to ensure “direct participation in one of the most innovative Bitcoin strategies in the public market,” and emphasized the opportunity to develop the company's diagnostic tools into a preventive healthcare platform focused on early detection of chronic diseases.

“We have seen the synergies between digital assets and healthcare innovation,” Semler explained, “this is not just about Bitcoin investment, but how to leverage new technologies and capital structures to drive progress in the healthcare sector.”

Large-Scale Bitcoin Acquisition: Strategic Positioning and Market Impact

In addition to the acquisition announcement, Strive also revealed a significant balance sheet move, acquiring 5,816 Bitcoins at an average price of $116,047, including fees, bringing the total transaction amount to $675 million.

This increase brings Strive's Bitcoin treasury to 5,886 coins. According to public data tracking agencies, after the merger is completed, the merged company is expected to control over 10,900 Bitcoins, a scale sufficient to make it one of the 15 largest corporate Bitcoin treasuries in the world.

“This is not just an asset allocation, but a core strategic initiative,” pointed out a cryptocurrency market analyst. “Strive is building a Bitcoin-based financial model, which could provide a new example for other listed companies.”

Strive Chairman and CEO Matt Cole is confident about this transaction: “We believe that our Alpha pursuit strategy and capital structure will enable us to outperform Bitcoin in the long run. This transaction demonstrates how we can increase our Bitcoin holdings and the value per share of Bitcoin at an unparalleled speed in the industry, thereby driving the appreciation of equity value.”

Equity Exchange for Bitcoin: An Innovative Financial Model

These transactions reflect Strive's positioning strategy as a digital asset financial operator. Earlier this year, the company acquired Asset Entities, allowing it to rebrand under the name Strive and continue trading on Nasdaq.

At that time, the executives described a model of exchanging equity for Bitcoin, believing that this approach could improve tax efficiency and acquire cash-rich companies that were undervalued in the stock market.

“Strive is creating a new type of corporate finance model,” explained a corporate strategy consultant. “By acquiring through equity rather than cash, they can retain liquidity for Bitcoin investments while gaining valuable business assets. This is a win-win strategy.”

Market Reaction and Industry Impact

The market reacted positively to this news, with Strive's stock price showing a significant increase after the announcement. Analysts pointed out that this large-scale Bitcoin acquisition could have a ripple effect on the entire cryptocurrency market, especially against the backdrop of institutional investors continuously entering the space.

“When a publicly traded company purchases Bitcoin on such a scale, it sends a strong signal to the market,” said an investment banker. “This could encourage other companies to reevaluate their financial reserve strategies, especially in the context of ongoing concerns about inflation and currency devaluation.”

In addition, Strive's model may provide a blueprint for other companies looking to enter the digital asset space. By using equity transactions instead of direct cash purchases, companies can establish Bitcoin positions without depleting their cash reserves.

“We may be witnessing a paradigm shift in corporate financial management,” commented a CFO, “Bitcoin is no longer just a speculative asset, but has become a strategic component on the corporate balance sheet.”

As the transaction progresses further, the market will closely watch how Strive integrates Semler's business and how its Bitcoin holding strategy evolves. Regardless of the outcome, this bold move has already made a significant mark in the history of corporate Bitcoin adoption.