The post Vivek Ramaswamy’s Strive to Acquire Bitcoin-Focused Semler Scientific appeared first on Coinpedia Fintech News
Vivek Ramaswamy’s Strive announced plans to acquire Bitcoin-focused Semler Scientific through an all-stock deal valued at a 210% premium. Semler shareholders will receive 21.05 Strive shares for each Semler share. Strive also purchased 5,816 Bitcoin for $675 million, bringing combined Bitcoin holdings post-merger to over 10,900. The merged company aims to become a leading corporate Bitcoin holder, using a preferred equity leverage model and exploring monetization of Semler’s diagnostics business for growth.