Semler Scientific (NASDAQ: SMLR) Chairman Eric Semler encouraged shareholders Monday to vote for the proposed merger with Strive (NASDAQ: ASST) ahead of a January 13, 2026 special meeting to approve the business combination.
The biotech-turned bitcoin treasury firm has declined 21% since a disclosure that the dollar value of the all-stock acquisition plummeted between September and December.
Per the proposal, shareholders of Semler Scientific will receive 21.05 ASST shares for every share of SMLR upon the merger’s completion. The combined entity expects to hold nearly 13,000 bitcoin, a war chest that would position the new company among the top five pure-play bitcoin treasuries, according to Bitcointreasuries.net
“We believe this merger gives $SMLR stockholders the opportunity to participate in the upside of one of the leading digital credit companies,” Eric Semler wrote in an X post to shareholders. “Together, we will hold nearly 13,000 Bitcoins.”
The executive confirmed his plans to join the Strive board of directors following the transaction.
