Vivek Ramaswamy’s Strive, which merged with Asset Entities earlier this month to launch a bitcoin treasury, announced it acquired Semler Scientific in an all-stock deal. Shares of Semler jumped on the announcement.
Tim Kotzman, founding father of Bitcoin Treasuries Media, informed Sherwood Information that the merger ushers within the M&A period of bitcoin treasuries.
“You’ll be able to mine bitcoin, purchase it, or purchase it. I consider M&A will grow to be the first theme within the DAT [digital asset treasury] house and will grow to be the prevailing exercise, with bankruptcies taking a again seat due to the pristine nature of bitcoin as collateral,” he stated.
Maja Vujinovic, CEO of FG Nexus, echoed the sentiment, saying that she expects to see extra of those mergers as public firms search each liquidity and legitimacy within the digital asset house.
Within the announcement, Strive stated it acquired 5,816 bitcoin and famous that the mixed firm will personal over 10,900 bitcoin, which continues to be not sufficient to rank within the high 10 of corporate bitcoin treasuries, so it has lots of room to “grow to be the fastest growing corporate Bitcoin holder.”
Talking of, bitcoin treasury firm Metaplanet has shot up to fifth place on the corporate bitcoin treasury leaderboard with its newest buy. The Japanese firm announced this morning that it acquired 5,419 bitcoin for $632.53 million, its largest acquisition to date.
And never to be forgotten, the biggest corporate bitcoin holder, Strategy, introduced it acquired 850 bitcoin for $99.7 million.
In different bitcoin treasury information:
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Newly launched UK firm B HODL started trading on the Aquis Inventory Trade on Monday after elevating $20 million for its bitcoin treasury by way of the issuance of recent shares. Main shareholders embody Adam Back, inventor of Hashcash and cofounder of Blockstream, with a 25.3% share, in accordance to the announcement.
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French firm Capital B acquired 551 bitcoin, bringing its whole holdings to 2,800 bitcoin.
