FILE PHOTO: A bitcoin light is displayed at the "Bitcoin Treasuries Unconference" cryptocurrency event, in New York City, New York, U.S., September 17, 2025. REUTERS/Joy Malone/File Photo
(Reuters) -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% to its Friday close.
