Last week, Strive, Inc. (Nasdaq: ASST) and Semler Scientific, Inc. (Nasdaq: SMLR) entered a definitive agreement for @strive to acquire @SemlerSci in an all-stock transaction. As noted in the joint press release, Strive also announced the purchase of 5,816 BTC. Following the transaction, the combined company would own over 10,900 BTC (currently ~1.2 billion), in addition to sufficient cash held in reserve to support future perpetual preferred offerings. This transaction would make the combined company one of the fastest-growing corporate Bitcoin holders, aiming to operate with a “preferred equity only” leverage model that avoids debt maturity risks associated with traditional leveraged Bitcoin strategies. As noted by Strive and its leadership team including @ColeMacro, @PunterJeff, @BenPhiat and others, the intention of the combined company is to create a high-alpha, high-beta, amplified version of Bitcoin. By following the preferred equity-only leverage strategy outlined in the press release, the combined company would gain both strategic edge and scale relative to the rest of the market, positioning itself as one of the leading future issuers of perpetual digital credit, second only to MSTR as of today. This positions the combined company to play a critical role in accelerating the monetization of bitcoin.(Joe Burnett, MSBA)