Struce Inc., the asset manager has turned on the Bitcoin Treasury Company led by former president candidate Vivek Ramaswamy, has come up with the semler scientific – a step positioning the combined creature as one of the biggest holders of the Bitcoin corporation.
On a Monday announcementCompanies say the All-Stock transaction will provide semler’s semlerholders who will strive shares instead of cash. Each section of the semler will be exchanged for 21.05 shares of Strive Class A Stock, representing a 210% premium at Semler’s pre-deal price.
Next to the integration, Strive revealed that it bought 5,816 Bitcoin (Btc) For about $ 675 million, it strengthened its total handling to 5,886 BTC. Prior to the acquisition, Strive was a relatively minor player in the Bitcoin Treasury space, with only 70 BTC in its books.
The combined company will now control more than 10,900 BTCs, making it the 12th-largest public holder of Bitcoin-leading Hut 8 Mining, Block Inc. and Galaxy Digital, according to the industry Data.
Ramaswamy was first outlined Stive’s Bitcoin Treasury Strategy In May, in conjunction with the company’s plans to go public through a reverse merger.
Semler Scientific, a tech-tech company that adopted Bitcoin as the main property of the Treasury reserve in 2024, had Constantly built its holdings by many purchases. The latest Report of income is mixed, showing a 43% year-to-year income decrease but a net income of $ 66.9 million.
Related: Semler Scientific Bitcoin Holdings plans 105,000 BTC by 2027
Bitcoin’s treasury mergers – the start of a trend?
Includes -Includes scientific companionship is at the heart of the rise of Digital Asset Treasury companies, which accumulates billions -billion dollars in Bitcoin and, on a lower scale, other cryptocurrencies such as Ether (Eth) and Solana (Sol).
According to the Standard Chartered, the deal can also emphasize a greater trend: compressed net asset values (MNAV), which can increase financial risks and make expansion more difficult.
For crypto treasurers, MNAV represents the ratio of a company’s business value to digital asset handling. When this ratio drops under 1, expanding reserves becomes more difficult and riskier, especially if funded by debt.
Standard Chartered recently noted that the integration -with the industry is likely under these conditions, with larger, more players positioned in volatility and raise capital for acquisition. If the MNAVs remain depressed, the bank said, stronger companies can move to get weaker rivals.
Hashkey Capital CEO Deng Chao recently preserved that crypto treasury companies with a long-term approach will “survive any market,” emphasizing the importance of developing a long-term value rather than chasing the short-term acquisitions.
“Digital possessions themselves are not naturally unstable; this is how they are managed to make a difference,” Chao told Cointelegraph.
Related: Bitcoin outperform mining stocks while investors bet on AI pivots
