Strive Asset Management, co-founded by former U.S. presidential candidate Vivek Ramaswamy, has acquired Bitcoin-focused Semler Scientific in an all-stock transaction. Alongside the acquisition, the firm confirmed the purchase of 123 BTC for its corporate treasury, further cementing its identity as a Bitcoin-aligned institution.
Strive Makes Strategic Acquisition
According to a recent report, Semler Scientific shareholders have reached a consensus to be acquired by the Bitcoin treasury company Strive in an all-stock deal valued at $1.3 billion. As part of the deal, Strive will acquire the firm’s total 5,048 Bitcoin holdings. Furthermore, the treasury firm also announced the purchase of 123 BTC, valued at $11.26 million.
Meanwhile, Strive’s acquisition of Semler Scientific marks one of the firm’s most significant strategic moves yet. Semler, which initially operated as a medical device manufacturer, gained widespread attention after shifting its strategy to aggressively accumulate Bitcoin, positioning itself as a publicly traded BTC treasury company.
With the acquisition now underway, Strive’s Bitcoin holdings, including its newly acquired 123 BTC, have brought the firm’s total holdings to 7,748 BTC. However, upon completion of the deal, the combined company’s Bitcoin holdings will amount to 12,797.9 BTC, making it the 11th-largest corporate Bitcoin holder.
Ramaswamy’s Bitcoin Vision Gains Momentum
Vivek Ramaswamy has steadily emerged as one of the strongest advocates for Bitcoin in US corporate and political circles. During and after his presidential campaign, he argued that Bitcoin provides a safeguard against inflation, overregulation, and concentrated financial power.
The acquisition of Semler Scientific, combined with Strive’s ongoing Bitcoin purchases, brings Ramaswamy’s vision from theory to execution. Meanwhile, Strive’s chairman and CEO, Matt Cole, has hailed the purchase as a historic event, marking the firm’s first acquisition of a publicly traded Bitcoin Treasury company.
Cole also added that the deal will increase the firm’s 2026 Q1 Bitcoin yield by 15%, calling it a win-win for both shareholders. Interestingly, before the close of the agreement, Eric Semler, Semler Scientific’s executive chairman, will join Strive’s Board of Directors.
Market Reaction and BTC-Linked Momentum
Semler Scientific, whose share price traditionally moves in lockstep with Bitcoin trends, is expected to maintain its BTC-focused treasury approach under Strive’s guidance. The merger could even pave the way for a more aggressive accumulation strategy, similar to the one pioneered by Saylor’s Strategy.
Initial investor sentiment has been broadly positive, particularly within crypto-native circles. Many see the acquisition as a powerful endorsement of Bitcoin-backed corporate balance sheets.
Meanwhile, in other news, CoinMarketCap data shows that Bitcoin has once again surged to $95,000, as the crypto market experiences a brief uptrend following positive US CPI data.
The CoinRemark Team
