The Strive Asset Manager completed the acquisition of Semler Scientific, a technological company of the health sector, thus joining two Bitcoin treasures that are quoted in the United States Stock Exchange.
The operation, unanimously approved by the administrators of both companies, creates an entity that controls 10,906 BTC, positioning it as the twelfth company with the greatest reservations of this currency, surpassing Hut 8 mining corp, which has 10,667 BTC.
The agreement, structured entirely in shares, values each semler action at $ 90.52. Strive plans to explore options to monetize or distribute the Semler’s diagnostic business, described as historically profitable, according to what release for the company.
As cryptooticias has reported, companies such as Stive have adopted a long -term Bitcoin accumulation strategy, similar to that implemented by Michael Saylor with Strategy, which It has the highest BTC treasury in the world with 639,835 BTC. What was initially a defensive measure against inflation became a strategy of growth and diversification of reserves, adopted by companies globally.
After the merger, management and directory of Stive will continue in their roles, and Eric Semler, executive president of Semler Scientific, is expected to be integrated into the Board of Directors of the new combined entity.
“This transaction demonstrates how we can increase our Bitcoin holdings and the value per action of Bitcoin at an unprecedented rate in the sector to promote the revaluation of the actions,” said Matt Cole, President and Executive Director of Strive.
The company comes from strengthen its board of directors With the incorporation of veterans of the digital assets sector such as: Shirish Jajodia de Strategy, Ben Werkman of Swan, Pierre Rochard of The Bitcoin Bond Company, James Lavish of Thevish of The Bitcoin Opportunity Fund and Avik Roy of Freopp, which reinforces its strategy based on the accumulation of the digital currency.