Ramaswamy-backed Strive to buy Semler in $1.3 billion deal all stock deal, boosting Bitcoin holdings

Bitcoin

Strive said on Monday it will acquire Semler Scientific in an all-stock deal valued at about $1.34 billion, as the bitcoin-treasury company backed by former Republican U.S. presidential candidate Vivek Ramaswamy moves to expand its cryptocurrency holdings. Semler shareholders will receive 21.04 Class A common shares of Strive for each Semler share, valuing Semler at $90.52 per share, a premium of more than 210 per cent to its Friday close. The deal comes less than five months after Strive

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