“The All-Stock Deal Will Have Combined Company Holding Nearly 11,000 Bitcoin.”, – WRITE: www.coindesk.com
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SNIV (Asst) Has Agreed to Buy Semler Scientific (SMLR) In An All-Stock Deal Represents A 210% Premium, or $ 90.52 Per Share, Based on Friday’s Market CLESS. Each Share of Smlr Will Be Exchange of 21.05 Shares of Asst.
Semler Executive Chairman Eric Semler is Expert to Join The Board of the Combined Company.
Alongside, Strive AnnounCed The Purchase of 5 ,, 816 Bitcoin BTC$ 112.611.17 for $ 675 Million, or an average price of $ 116.047 each.
Adding that to Semler’s Roughly 5,000 in Bitcoin Holdings, The Combined Company Wuld Hold More Than 10.900 BTC.
The Deal Comes As Semler Scientific Shares Have Been Under Releentless Pressure for Several Weeks, Trading for Well Belen the Value of the Bitcoin on It Its Balance Sheet, Thus Presumably Giving Negiving Negiving Negiving Neg. Business. The popping of the Crypto Treasury Bubble This Summer Has Left A Number of Companies in Similar Positions.
“This Merger Cements Strive’s Position As A Top Bitcoin Treasury Company,” Said Matt Cole, Chairman and Ceo of Strive. “We Believ Our Alpha-Seeking Strategies and Capital Structure Position US to OUTPORFORM BITCOIN Over The Long Run.”
Asst Shares Are Higher by 9.3% Premarket to $ 4.71. Smlr Shares Haven’t Traded Since the Announcement Hit, But Closed At $ 29.18 on Friday.
As investors Look for Alternatives to Traditional Assets, Bitcoin Could Evolve from A Speculatory Bet Into A Legitimate Pillar of the Global Financial System, The Bank Said.
- Deutsche Bank Says Bitcoin Could Appear on Central Bank Balance Sheets by 2030, Coxisting with Gold as A Complementary Hedge Asset.
- The Cryptocurrency’s 30-Day Valativity Hit Historic Lows Even as Prices Topped $ 123,500, Suggesting A Shift from Special Special Special Maturity.
- Neither Bitcoin Nor Gold Is Likely to Replace the Dollar As the Primary Reserve Currency, The Report Said.
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