Strive, Inc. said on Monday that it will acquire Semler Scientific, Inc. in an all-stock transaction that will significantly expand its corporate Bitcoin holdings.

The merger values Semler at a 210% premium, with each of its shares exchanged for 21.05 Strive Class A shares. Alongside the announcement, Strive disclosed the purchase of 5,816 Bitcoin at an average cost of $116,047 each, or roughly $675 million, bringing its total treasury to 5,886 Bitcoin.

After closing, the combined company expects to hold more than 10,900 Bitcoin, a figure that would place it among the fastest-growing corporate Bitcoin holders.

Strive, which went public in 2022 as the first Bitcoin-focused asset…

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