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Kevin Helms

Strive reports 15,009 Bitcoin and no outstanding debt after Semler merger

Strive Inc. (Nasdaq: ASST) said its bitcoin holdings rose to 15,009 BTC as of May 12, after additional purchases and the Semler Scientific merger, and it reported having no short- or long-term debt outstanding. In an SEC filing dated May 14, the company reported $929.4 million of digital assets as of March 31, quarterly revenue of $2.76 million, and a net loss of $265.9 million driven largely by fair-value unrealized losses on digital assets.