en
Back to the list

Deal Done: Strive Closes Semler Acquisition, Expands Treasury to 12,798 Bitcoin

source-logo  news.bitcoin.com 3 h
image

Strive’s acquisition of Semler vaults the firm into the top tier of corporate bitcoin holders, amassing nearly 12,800 bitcoin as it accelerates an aggressive treasury strategy alongside a growing healthcare business.

Strive–Semler Deal Creates 12,798 Bitcoin Balance Sheet, Signals Aggressive Treasury Expansion

A major corporate transaction has reshaped a bitcoin-focused balance sheet. Strive Inc. (Nasdaq: ASST) announced on Jan. 16 the completion of its acquisition of Semler Scientific Inc. (Nasdaq: SMLR), concluding a previously disclosed transaction focused on bitcoin treasury expansion and healthcare operations.

The announcement states:

“Strive now holds approximately 12,797.9 bitcoin, becoming the #11 largest public corporate holder of bitcoin globally.”

The completed acquisition materially increases the company’s digital asset exposure and elevates its standing among public corporate bitcoin holders worldwide.

The close of the transaction also triggered several leadership changes tied to integration planning. Avik Roy assumed the role of chief strategy officer after stepping down as an independent board member to join the company full-time and serve as a board observer. His responsibilities include monetizing the operating business acquired from Semler Scientific, with an emphasis on expanding early disease detection products.

Governance and operational appointments further highlight the combined focus on healthcare and digital assets. Eric Semler, former chairman and executive chairman of Semler Scientific, joined Strive as an independent board member, providing continuity from the acquired business. Joe Burnett, previously director of bitcoin strategy at Semler Scientific, entered Strive as vice president of bitcoin strategy, strengthening internal expertise around treasury management.

Matt Cole, Strive’s chairman and CEO, commented on social media platform X:

“The Strive balance sheet gets even stronger, doubling our bitcoin holdings in four months w/ double digit bitcoin yields in 4Q25 & 1Q26.”

Strive positions itself as the first publicly traded asset management bitcoin treasury company focused on increasing bitcoin per share over the long term. Its wholly owned subsidiary, Strive Asset Management LLC, manages more than $2 billion in assets as an SEC-registered investment adviser, while Semler Scientific contributes medical device and software capabilities, including its FDA-cleared QuantaFlo product for peripheral arterial disease detection.

news.bitcoin.com