Try, Inc. introduced at the moment that stockholders of Semler Scientific, Inc. approved its acquisition by Strive, marking a landmark deal in publicly traded Bitcoin-backed firms.
The all-stock transaction consists of Semler Scientific’s 5,048.1 Bitcoin, considerably increasing Try’s digital asset holdings.
As well as, the corporate stated they bought 123 extra Bitcoin for its company treasury at a median value of $91,561 per coin, for a complete price of roughly $11.26 million, inclusive of charges and bills, the corporate said.
These purchases convey the corporate’s whole Bitcoin holdings to 7,749.8. Following the Semler Scientific acquisition, the mixed entity will maintain 12,797.9 Bitcoin, surpassing company holders similar to Tesla and Trump Media & Know-how Group to turn out to be the eleventh largest company Bitcoin holder globally, based on the corporate.
$ASST additionally disclosed plans to monetize Semler Scientific’s working enterprise inside 12 months of the transaction’s shut and discover alternatives to retire Semler’s $100 million convertible word and $20 million Coinbase mortgage, topic to market situations.
Shares of Try ($ASST) are down over 17% on the day, however are up over 15% on the month.
Try as a bitcoin-focused firm
These strategic strikes mirror the company’s continued focus on Bitcoin operations and a simplified, most popular equity-focused company construction.
“I’m happy with the execution the Try group has delivered for our shareholders, making historical past in the direction of finishing the primary acquisition of a publicly traded Bitcoin treasury firm,” stated Matt Cole, Chairman and CEO. “The Semler Scientific deal will proceed Try’s main yield technology because the inception of our Bitcoin technique, boosting our Q1 2026 Bitcoin yield to over 15%.”
The corporate additionally highlighted its profitable November 2025 most popular fairness IPO, SATA, which was upsized from $125 million to $200 million and obtained greater than twice the subscription demand.
The corporate plans to situation further SATA over the subsequent 12 months to fund debt retirement and keep amplification completely by way of most popular fairness.
Jeff Walton, Try’s Chief Danger Officer, emphasised the distinctive threat profile of SATA, noting that “the steadiness sheet is comprised of a clear, digitally native asset, permitting threat to be noticed and measured in actual time, in contrast to conventional illiquid property.”
As a part of the merger, the board accepted a 1-for-20 reverse cut up of Class A and Class B shares to align with institutional funding requirements.
Semler Scientific Govt Chairman Eric Semler will be part of the Board of Administrators post-closing.
