Recently, a merger and acquisition case has attracted a lot of attention. Strive successfully acquired Semler Scientific, and the shareholder vote has already approved this all-stock transaction plan. You might not believe it, but what draws the most attention in this deal is not the company itself, but the massive Bitcoin reserve held by Semler Scientific—an impressive 5,048.1 BTC.



Before the deal is fully finalized, Strive has already started to "add more." They purchased an additional 123 BTC at an average price of $91,561 per coin. Including their previous holdings, Strive now holds a total of 7,749.8 BTC. Once this acquisition is officially completed, the merged company will own 12,797.9 BTC. This immediately places them among the top 11 global corporate Bitcoin holders, a significant position.

There are also several moves at the corporate level. The board has approved a 1-for-20 reverse stock split for Class A and Class B common shares. More details will be announced in the upcoming Form 8-K. After the transaction is completed, Eric Semler, Executive Chairman of Semler Scientific, will officially join Strive’s board of directors.

However, the market’s reaction to this news has been somewhat subtle. As soon as the news broke, the stock prices of both Strive and Semler Scientific dropped by nearly 10%. Such a decline is quite common in merger cases—investors are digesting the new variables and waiting to see the actual performance after the merger.
BTC-0,62%
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TokenVelocityTraumavip
· 01-15 01:17
Really? Just for those more than 10,000 Bitcoins alone, it's worth paying attention. This is the true meaning of mergers and acquisitions. Wait, the stock price actually fell? Are investors unsure or do they think hoarding coins is too aggressive? 1:20 reverse stock split, this move is a bit sophisticated, we need to wait for the 8-K to understand exactly what's going on. By the way, this kind of "buy first, add more later" tactic seems to be betting that BTC will continue to rise, the guts are indeed big. A 10% drop is quite interesting. Does the market not have confidence in the chemical reaction between these two companies?
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WhaleSurfervip
· 01-14 03:54
Wow, jumping straight into the top 11 global holders, this move is really aggressive. This operation seems to be betting on Bitcoin's future, but a 10% drop in stock price still makes people a bit nervous. Wait, what does a reverse stock split of 1:20 mean? What are they trying to do? Just accumulating coins to this level, Strive is really all in.
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RugpullAlertOfficervip
· 01-14 03:51
This guy is directly using mergers and acquisitions as a pretext to hoard coins, just playing around here? --- 12797 BTC sounds impressive, but this reverse stock split operation... always feels like something's off. --- A 10% drop in stock price isn't just digesting volatility; this is the market telling the truth. --- After the merger, can they hold so many coins, or is this just another story of a bag-holder? --- Eric Semler joining the board of directors, is it really just for Bitcoin? --- The newly ranked top 11 corporate coin traders sound appealing, but then they drop 10%, which is quite ironic. --- What can I say, it looks like increasing confidence, but in reality, the shareholders are voting with their feet.
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LiquidationKingvip
· 01-14 03:49
Wait, are we talking about directly acquiring BTC? That logic sounds a bit absurd.
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AirdropGrandpavip
· 01-14 03:26
Airdrop Grandpa's comment: Buying Bitcoin under the guise of acquisitions, I’m familiar with this trick. The era of corporate bottom-fishing has arrived. Stock price down 10%? Normal, everyone is waiting to see if there will be a dump after the merger. 12,797 BTC, now it really has become a BTC fund, haha. Reverse stock split 1:20, what are they doing? The market support feels too strong. When it officially lands, whether they can hold this position will be the key.
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