Lates News

Newly established Strive plans to acquire Semler Scientific. The transaction will merge two publicly traded Bitcoin financial companies. In this all-stock deal, Strive will acquire Semler's stock at a price of approximately $90.52 per share, representing a premium of over 200% from its closing price of $29.18 last Friday. After the merger, the two companies will collectively hold nearly 11,000 bitcoins. Following the completion of the transaction, the management and board of directors of Strive will continue to serve, with Eric Semler, the Chairman of Semler Scientific, expected to join the board of the merged company.