According to Semler Scientific's 15-minute chart, Bollinger Bands have narrowed, and a KDJ Death Cross occurred on October 17, 2025 at 15:30. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, with a potential for further price decline.
Semler Scientific, a U.S.-based medical equipment company, is facing legal challenges over its planned $1.34 billion merger with Strive Asset Management, an investment firm focused on Bitcoin. The lawsuit, filed by a shareholder in the Delaware Court of Chancery, alleges that the acquisition fails to adequately consider shareholders' interests and exposes them to excessive risk due to the volatility of Bitcoin prices, according to
.
The merger, announced in September 2025, involves Strive acquiring Semler for 210% of its market value in stock. This deal would merge the Bitcoin holdings of both companies into a single holding of about 10,900 BTC. Executives from both companies have stated that the combination would create one of the largest corporate Bitcoin holdings globally and open new revenue streams for Semler's medical technology firm, the report added.
Shareholders, however, have strongly opposed the merger, citing concerns about the lack of thorough research and transparency regarding the risks associated with Bitcoin's price fluctuations and Strive's exposure to crypto markets. The lawsuit argues that the merger would "transfer excessive risk" to current shareholders, whose equity could significantly fluctuate due to Bitcoin market volatility, the report claims.
The Delaware court's ruling on this issue could set a standard for how much firms can link the value of their shares to the performance of Bitcoin and other cryptocurrencies. As regulators pay more attention to crypto assets, the outcome of this lawsuit could influence future hybrid mergers between traditional companies and Bitcoin-focused businesses, the article noted.
Additionally, according to Semler Scientific's 15-minute chart, Bollinger Bands have narrowed, and a KDJ Death Cross occurred on October 17, 2025, at 15:30. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, with a potential for further price decline .
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