Attempt Inc., a Bitcoin-focused asset supervisor backed by Vivek Ramaswamy, has introduced it would purchase Semler Scientific in an all-stock transaction valued at roughly $1.3 billion.
The deal costs Semler shares at $90.52 every—a 210% premium over the past closing worth—with every share to be exchanged for 21.05 Attempt Class A shares.
Each boards have authorised the merger, which is pending customary closing circumstances.
Mixed bitcoin reserves surge
As a part of the announcement, Attempt revealed a serious new bitcoin buy:
5,816 BTC for $675 million at a median of $116,047 per coin.
Beforehand, Attempt held simply 69 BTC. When mixed with Semler’s roughly 5,000 BTC, the merged entity’s reserves will exceed 10,900 BTC, securing a top-15 spot amongst public company bitcoin holders and shifting the agency into twelfth place, forward of Hut 8.
Holdings might be tracked on the all company bitcoin treasuries checklist and Semler’s historic treasury information.
Strategic imaginative and prescient and business development
Attempt’s chairman and CEO, Matt Cole, emphasised the corporate’s targets, stating:
“This merger cements Attempt’s place as a prime Bitcoin treasury firm. We consider our alpha-seeking methods and capital construction place us to outperform Bitcoin over the long term.”
Cole additionally highlighted speedy business consolidation, with smaller corporations being acquired as bitcoin’s volatility pressures stability sheets and market worth.
Semler’s enterprise future
Semler Scientific, identified for its Quantaflo diagnostic machine, pivoted in 2024 to holding bitcoin as its important reserve asset after its inventory worth fell under the worth of its bitcoin holdings.
The corporate’s legacy healthcare enterprise will bear a strategic evaluation for potential monetization or continued operation.
Semler’s govt chairman, Eric Semler, will be part of the brand new board, whereas Attempt’s administration stays in management.
Attempt’s acquisition technique
The Semler transaction marks Attempt’s second main acquisition in 2025, following its current buy of MSTR True North Inc.
Executives say the corporate plans continued progress by means of aggressive bitcoin treasury acquisitions.