Strive’s Bitcoin Gambit: 11th Largest Holder or Madness?

by

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. 🧠💸 A transaction as tumultuous as a man gambling with his soul, yet here we are, staring into the abyss of digital gold.

This all-stock deal, approved by Semler’s shareholders, allows Strive to grow its bitcoin holdings while expanding its healthcare operations. 🧬⚡ A marriage of medicine and cryptocurrency, as if the very fabric of existence were being woven by a madman’s hand.

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. 📈💀 A paradoxical ascent, where the pursuit of profit mirrors the futility of human ambition.

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. 🧑‍💼💸 A gamble as reckless as a man gambling with his soul, yet here we are, staring into the abyss of digital gold.

This personal investment reflects his confidence in the company’s future and the success of its recent acquisition of Semler Scientific. 🤝🔥 Or is it a desperate attempt to outrun the shadows of doubt? Only the cosmos knows.

JUST IN: treasury company Strive’s CEO Matt Cole just bought 515,195 shares at an average of $0.806 for $416,000. 🚀

He bought the dip 🔥

– BitcoinTreasuries.NET (@BTCtreasuries)

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. 📉📈 A dance of numbers, where every fraction of a penny whispers secrets of greed and glory.

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. 📊💸 A fleeting victory, yet the void remains.

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. 🚀📉 A rise as fleeting as a candle in the wind.

When compared to other bitcoin treasury companies not involved in mining or exchanges, Strive ranks fourth. 🏅😢 A hollow triumph, for what is wealth if not a mirror reflecting our deepest fears?

Strive Becomes Top Corporate Bitcoin Holder After Semler Deal

Strive Inc. shareholders approved the acquisition of , adding 5,048 BTC to ’s balance sheet. Combined with a recent purchase of 123 BTC for its treasury, Strive will hold 12,797.9 BTC upon completion… 🧠💰

– ME Group (@MetaEraHK)

The addition of Semler Scientific’s assets increases Strive’s value and broadens its appeal to investors. 🤝👀 Yet, what is value but a fleeting illusion, a shadow cast by the sun of human desire?

With a larger bitcoin treasury, Strive could attract greater attention from both cryptocurrency and traditional investors looking for exposure to digital assets. 📈🧠 A siren song, luring the unwary into the depths of speculation.

Related Reading: OranjeBTC Amasses Latin America’s Largest Bitcoin Treasury 🌍💸 A tale as old as time, but with more zeroes.

Leadership Changes and Strategic Focus

Following the acquisition, Strive appointed Avik Roy as the Chief Strategy Officer for its healthcare division. 🧠💊 A man of letters and numbers, yet his true motives remain as opaque as the night.

Roy was previously an independent board member at Strive and will now lead the expansion of Semler’s healthcare business. 🧬🚀 A chessboard of ambitions, where every move is a calculated risk.

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. 🏦🧪 A polymath, yet his soul is a mystery even to himself.

Additionally, Eric Semler, former Executive Chairman of Semler Scientific, joined Strive’s board as an independent director. 🧑‍⚖️💀 A ghost of the past, now a harbinger of the future.

Joe Burnett, who was previously the Director of Bitcoin Strategy at Semler, also joined Strive as Vice President of Bitcoin Strategy. 🚀💰 A man of dual loyalties, forever torn between two worlds.

These appointments reflect Strive’s dual focus on bitcoin treasury management and healthcare technology. 🧠💸 A house divided, yet striving for unity in chaos.

With these leadership changes, Strive aims to strengthen its presence in both sectors, positioning itself for continued growth and success in the future. 📈🌀 A delusion of grandeur, or perhaps the dawn of a new era? Only time, that relentless judge, will tell.

Read More

2026-01-17 07:39