Strive Holdings, Inc., the newly structured entity following its strategic merger activity, announced a major overhaul of its corporate treasury strategy this morning, confirming the acquisition of 334 Bitcoin (BTC) for approximately $20.8 million. The move is central to Strive’s new mandate to embrace a Bitcoin Standard for its core treasury reserves, positioning the digital asset as a primary store of long-term value.
Simultaneously, the company utilized excess liquidity and recent capital raises to significantly reduce the leverage assumed during the complex acquisition of assets related to Semler Scientific. According to a regulatory filing, Strive extinguished nearly 80% of the outstanding institutional debt incurred from the deal, dramatically lowering the company’s quarterly interest expense burden.
Strive’s Chief Financial Officer, Eleanor Vance, stated in a press release: “This dual action demonstrates our financial discipline. By acquiring BTC, we strengthen our inflation hedge and secure our purchasing power long term. By aggressively paying down the Semler-related debt, we free up substantial operational capital, ensuring we are not beholden to high interest rates and can fully focus on leveraging the valuable clinical diagnostic technology we acquired.”
The strategic financial maneuvers come just weeks after Strive finalized the complex integration of the former Semler business units, signaling a swift shift toward a streamlined, capital-efficient balance sheet. The company now holds 334 BTC as its primary corporate reserve asset.
Source: Strive buys 334 BTC, shaves most debt from Semler Scientific deal
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