Try, Inc. introduced right this 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 contains 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 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 equivalent to Tesla and Trump Media & Expertise Group to change into the eleventh largest company Bitcoin holder globally, in response to 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 be aware and $20 million Coinbase mortgage, topic to market circumstances.
Shares of Try ($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 pleased with the execution the Try crew 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 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 popular 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 extra SATA over the subsequent 12 months to fund debt retirement and preserve amplification completely via 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, not like conventional illiquid property.”
As a part of the merger, the board permitted a 1-for-20 reverse break up of Class A and Class B shares to align with institutional funding requirements.
Semler Scientific Govt Chairman Eric Semler will be a part of the Board of Administrators post-closing.
