Strive Shareholders Approve Merger with Semler Scientific, BTC Holdings to Reach 12,798

KuCoinFlash

Release Time: 01/14/2026 03:01:23

BTC

$89,271.60-0.24%

Summary

BTC news today: Strive shareholders approved the acquisition of Semler Scientific on January 14, 2026. The merger increases Strive's BTC holdings to 12,798, valued at $1.22 billion. This ranks Strive as the 11th largest corporate BTC holder. The deal also aims to tokenize Semler's diagnostics business and eliminate $120 million in debt. Both companies' stocks dropped about 10% after the announcement.

BlockBeats news: On January 14, shareholders of Strive, a Bitcoin custodian company listed on the US stock market (ticker: DAT), approved the acquisition of another Bitcoin custodian company, Semler Scientific. After the merger, the combined entity's Bitcoin holdings will increase to 12,798 BTC, valued at approximately $1.22 billion, making it the 11th largest corporate holder of Bitcoin.

Strive stated that its goal is to tokenize Semler's medical diagnostics business and address $120 million in debt issues. After the transaction is completed, Semler Scientific's executive chairman, Eric Semler, will join Strive's board of directors. Following the announcement, the stock prices of both Strive and Semler Scientific fell by approximately 10%.

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