Try, Inc. introduced at present 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 worth of $91,561 per coin, for a complete value of roughly $11.26 million, inclusive of charges and bills, the corporate said.
These purchases deliver 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 comparable to Tesla and Trump Media & Know-how Group to change into the eleventh largest company Bitcoin holder globally, in accordance with 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 observe 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 replicate the company’s continued focus on Bitcoin operations and a simplified, most well-liked equity-focused company construction.
“I’m happy with the execution the Try group has delivered for our shareholders, making historical past in 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 for the reason that inception of our Bitcoin technique, boosting our Q1 2026 Bitcoin yield to over 15%.”
The corporate additionally highlighted its profitable November 2025 most well-liked fairness IPO, SATA, which was upsized from $125 million to $200 million and acquired greater than twice the subscription demand.
The corporate plans to challenge further SATA over the subsequent 12 months to fund debt retirement and keep amplification solely by way of most well-liked fairness.
Jeff Walton, Try’s Chief Danger Officer, emphasised the distinctive threat profile of SATA, noting that “the stability 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 Government Chairman Eric Semler will be part of the Board of Administrators post-closing.
