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Strive, a new Bitcoin Treasury company, has merged with Semler Scientific, the second US Bitcoin Treasury company, in an all-stock deal. The merger aims to reduce costs by combining scale and drive down the cost of running a Bitcoin Treasury company. The combined entity will have a broader mandate for Semler's operating business, leveraging expertise in preventative healthcare and biotech. This will drive better value for shareholders and potentially outperform Bitcoin through digital credit and a carry trade. The merger is expected to increase Strive's stock price, up 45% and 80% over the last week.

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