A notable movement in the crypto ecosystem: Strive, the company founded by Vivek Ramaswamy, has just completed the acquisition of Semler Scientific through an all-stock transaction. This move places Strive at the 11th position among the largest institutional Bitcoin holders.

This rise in prominence reflects the growing trend of traditional institutions integrating digital assets into their portfolios. The acquisition through stock rather than cash signals a strong confidence in the long-term potential of Bitcoin in institutional wealth management.

A development to watch to gauge the impact of major investors on the dynamics of the crypto market.