Strive’s $675 million Bitcoin buy and Semler merger create a 10,900 BTC treasury company, making it one of the world’s top corporate BTC holders. Strive Inc., the asset manager turned Bitcoin treasury company led by former presidential candidate Vivek Ramaswamy, has agreed to acquire Semler Scientific — a move that positions the combined entity as one of the largest corporate holders of Bitcoin. In a Monday announcement, the companies said the all-stock transaction will grant Semler shareholders Strive shares instead of cash. Each Semler share will be exchanged for 21.05 shares of Strive Class A stock, representing a 210% premium over Semler’s pre-deal price. Alongside the merger, Strive disclosed it had purchased 5,816 Bitcoin (BTC) for about $675 million, boosting its total holdings to 5,886 BTC. Before the acquisition, Strive was a relatively minor player in the Bitcoin treasury space, with just 70 BTC on its books. Read more
Metaplanet and Semler Scientific are turning corporate balance sheets into Bitcoin battlegrounds, each racing to outstack the other in 2025. Strategy kicked off the corporate Bitcoin boom, but in 2025, the real competition is Metaplanet vs. Semler Scientific. Both are publicly listed, both are buying Bitcoin (BTC) in size, and both are turning their balance sheets into battlegrounds. Read more
The company's stock price has been in a negative trend in 2025, indicating that a Bitcoin strategy is not a “panacea,” according to an analyst. Semler Scientific bought another $25 million in Bitcoin to push its holdings to nearly 5,000 BTC, but investors aren't buying into the buzz. Even with its treasury strategy and big gains on its crypto investments, the medical technology company’s shares are down 22% year-to-date. Semler bought 210 Bitcoin (BTC) in the first week of July at an average price of $118,974 per coin, according to a filing with the US Securities and Exchange Commission (SEC). The company now holds 4,846 Bitcoin, acquired for almost $455 million and now worth $577.9 million. The shift from medical technology business to the Bitcoin treasury company is backed by a $175 million capital raise through an at-the-market (ATM) offering in April. The company plans to hold 105,000 BTC by 2027. If Semler achieves its goal, it would hold 0.05% of all BTC that would ever be produced. Read more
Health tech firm Semler Scientific wants to boost its Bitcoin holdings from 3,800 BTC to 105,000 BTC by 2027 and has appointed a new director to lead the plan. Healthcare tech firm Semler Scientific Inc. says it plans to boost its Bitcoin stack by nearly 28 times in the next two-and-a-half years, growing its holdings from 3,808 Bitcoin to 105,000 Bitcoin. Semler is aiming to hold a total of 10,000 Bitcoin (BTC) by the end of this year, then 42,000 BTC by the end of 2026, before going for its final target of 105,000 BTC by 2027, the company said on Thursday. It plans to use equity, debt financing and operational cash flow to reach its target, and has appointed a new director to lead the plan. Read more
The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet. Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities and Exchange Commission (SEC), Semler’s total investment in the cryptocurrency now stands at $410 million, valued at approximately $472.9 million as of June 3. Its Bitcoin yield is up by 26.7% since it began accumulating BTC in May 2024. Semler has made regular Bitcoin purchases over the past year. The company also revealed the addition of $50 million to its Bitcoin reserve in May, after it acquired another $10 million BTC between February and April. Read more
Semler's shares have risen 53% since the company announced its first Bitcoin purchases. Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million. Semler Scientific’s shares have fallen 1.36% on the same day as the disclosure, though the decrease in its share price is largely in line with the Nasdaq’s performance. That index, which follows top tech stocks, is down 1% on the day. Read more