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The First BTC Treasury Merger

The BTC treasury company co-founded by Vivek Ramaswamy, Strive (ASST), will acquire Semler Scientific (SMLR) in an all-stock transaction to combine two of the most active corporate buyers of bitcoin

Sep 22, 2025

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4 min read


Vivek Ramaswamy's Strive to buy Semler Scientific in first BTC treasury merger ever

The BTC treasury company co-founded by Vivek Ramaswamy, Strive (ASST), will acquire Semler Scientific (SMLR) in an all-stock transaction to combine two of the most active corporate buyers of bitcoin. The combined company “would own over 10,900 BTC” before any additional financing, putting it solidly at #12 on the bitcoin treasuries list. Read more →

Asian crypto exchange KuCoin linked to billions of dollars in pig butchering scams

New reporting from Project Brazen links KuCoin’s Thailand arm to billions of dollars worth of financial scams and money laundering. Not only that, but the report is filled with wild allegations involving crypto mining companies, scam centers, private jet bribes, gambling and oil companies, and Former Thai prime minister Thaksin Shinawatra who is a central figure. Read more →

BitGo files for US IPO

BitGo filed to list on the NYSE under “BTGO,” unveiling fresh numbers after a confidential July S-1. Revenue nearly quadrupled in the first half of 2025, with nearly $4.2 billion compared to just $1.1 billion the year prior. However, their reported net income has been cut in half from $30.9 million in the prior period to $12.6 million implying razor-thin margins of just ~0.30% in 2025's first six months. As of end-June, BitGo reported $90.3 billion in assets on platform. The company also holds 2,300 BTC in it’s corporate treasury. Read more →

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