The post Strive Becomes 11th Largest Corporate BTC Holder appeared on BitcoinEthereumNews.com. Strive completes its Semler Scientific acquisition, boosting bitcoinThe post Strive Becomes 11th Largest Corporate BTC Holder appeared on BitcoinEthereumNews.com. Strive completes its Semler Scientific acquisition, boosting bitcoin

Strive Becomes 11th Largest Corporate BTC Holder

Strive completes its Semler Scientific acquisition, boosting bitcoin holdings to 12,797.9 BTC and ranking 11th among corporate holders.

Strive Inc. has finalized its acquisition of Semler Scientific, positioning itself as the 11th largest corporate holder of bitcoin.

This all-stock deal, approved by Semler’s shareholders, allows Strive to grow its bitcoin holdings while expanding its healthcare operations.

The merger gives Strive about 12,797.9 bitcoin, putting it just behind CleanSpark in terms of total bitcoin holdings among public companies. The deal strengthens Strive’s position in both the cryptocurrency and healthcare industries.

CEO Matt Cole’s Investment and Terms of the Acquisition

Strive’s CEO, Matt Cole, recently purchased 515,195 shares of Strive stock at an average price of $0.806 per share, investing a total of $416,000. \

This personal investment reflects his confidence in the company’s future and the success of its recent acquisition of Semler Scientific.

The acquisition deal itself closed on January 16, 2026. Under the terms of the agreement, Semler shareholders received 21.05 Strive shares for each share of Semler owned.

The exchange ratio valued Semler shares at about $20.42, a 0.34% premium over the closing price of Semler stock on January 15. Strive shares closed at $0.97 on the same day.

Strive’s Position as a Major Bitcoin Holder

Strive Inc. shareholders approved the acquisition of Semler Scientific, adding 5,048 BTC to Strive’s balance sheet, and with a recent 123 BTC purchase, total holdings will reach 12,797.9 BTC, placing Strive ahead of Tesla and Trump Media as the 11th largest corporate bitcoin holder globally.

When compared to other bitcoin treasury companies not involved in mining or exchanges, Strive ranks fourth.

The addition of Semler Scientific’s assets increases Strive’s value and broadens its appeal to investors.

With a larger bitcoin treasury, Strive could attract greater attention from both cryptocurrency and traditional investors looking for exposure to digital assets.

Related Reading: OranjeBTC Amasses Latin America’s Largest Bitcoin Treasury

Leadership Changes and Strategic Focus

Following the acquisition, Strive appointed Avik Roy as the Chief Strategy Officer for its healthcare division.

Roy was previously an independent board member at Strive and will now lead the expansion of Semler’s healthcare business.

He brings strong experience in both healthcare and finance, having worked at Bain Capital and J.P. Morgan, as well as in the biotech field.

Additionally, Eric Semler, former Executive Chairman of Semler Scientific, joined Strive’s board as an independent director.

Joe Burnett, who was previously the Director of Bitcoin Strategy at Semler, also joined Strive as Vice President of Bitcoin Strategy.

These appointments reflect Strive’s dual focus on bitcoin treasury management and healthcare technology.

With these leadership changes, Strive aims to strengthen its presence in both sectors, positioning itself for continued growth and success in the future.

Source: https://www.livebitcoinnews.com/strive-buys-semler-scientific-becoming-the-11th-largest-bitcoin-issuer/

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