Strive’s Bitcoin Binge: 11th in Line! 🚀

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Key Highlights (aka “Why We’re All Broke”)

  • Strive now holds a mind-boggling 12,797.9 BTC, making them the 11th most important company in the world (according to some guy with a spreadsheet) 🧮💰
  • The company appointed Avik Roy as Chief Strategy Officer, because nothing says “I’m a genius” like a title that sounds like a Marvel villain 🦸♂️
  • The deal consolidates two early Bitcoin treasury adopters, because nothing says “we’re serious” like merging two companies with the financial foresight of a squirrel hoarding acorns 🐿️💸

Strive, a Nasdaq-listed asset manager, just completed a deal so epic, it’s like watching a superhero movie where the villain is the stock market itself 🎬💥. The transaction, announced on Friday, follows shareholder approval earlier this week-because who needs sleep when you can vote on mergers? 🧠

The all-stock deal brings Strive’s total Bitcoin holdings to approximately 12,797.9 BTC, placing it 11th globally among public companies, according to industry tracking data. Which is just 10 places behind the company that forgot to buy Bitcoin 🤔.

Treasury scale and leadership changes

With the acquisition closed, Strive confirmed it now ranks 11th in Bitcoin treasury holdings based on BitcoinTreasuries data, combining its existing reserves with the Bitcoin previously held by Semler Scientific. The company has positioned its balance sheet around BTC accumulation rather than traditional cash or hedging strategies. Because who needs liquidity when you can just hold Bitcoin and pretend you’re a bank 🏦?

Alongside the deal, Strive named Avik Roy as Chief Strategy Officer. Roy will focus on monetizing Semler’s operating healthcare business while expanding Strive’s broader strategy. Former Semler chairman Eric Semler joined Strive as an independent board member, while Joe Burnett was appointed vice president of bitcoin strategy. Because nothing says “I’m retired” like becoming a board member 🎯.

Strive Announces the Completion of Semler Scientific Acquisition

• Strive now holds approximately 12,797.9 bitcoin, becoming the #11 largest public corporate holder of bitcoin globally.

• Strive also announces the appointment of @Avik Roy as Chief Strategy Officer of Strive.…

– Strive (@strive) January 16, 2026

Strategy shift post-acquisition

Management has indicated that Semler’s healthcare operations are not central to Strive’s long-term plans. Within the next year, the company expects to monetize the operating business and redeploy capital toward bitcoin-related initiatives, including retiring existing debt tied to Semler, subject to market conditions. Because who needs a healthcare business when you can just hold Bitcoin and pretend you’re a bank 🏦?

Executives have framed the transaction as a continuation of a preferred-equity-first approach, aimed at increasing Bitcoin per share without relying heavily on conventional debt financing. Because nothing says “we’re financially responsible” like using Bitcoin to pay off debt 🧾.

Market context

The acquisition highlights how Bitcoin-focused balance sheets are reshaping public company rankings. With Semler’s Bitcoin folded in, Strive moved past several higher-profile firms in total BTC holdings, showing how quickly treasury moves can reshuffle corporate rankings. Because nothing says “I’m a big shot” like being 11th in Bitcoin holdings 🧾.

The deal also points to a wider consolidation trend among early Bitcoin adopters, as companies look to gain scale and simplify around a single treasury strategy. Because nothing says “we’re united” like merging two companies with the same financial strategy 🤝.

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2026-01-16 19:49