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Benzinga
Benzinga
Business
Alex Perry

Semler Scientific Stock Is Moving Higher Monday: Here's Why

People Are Bitcoin Rich But Fiat Poor, Says Saylor

Shares of biotech company Semler Scientific Inc. (NASDAQ:SMLR) are trading higher Monday after Bitcoin (CRYPTO: BTC) asset management company Strive Inc. (NASDAQ:STRV) announced plans to acquire the company.

What To Know: Strive entered into an agreement to acquire Semler Scientific in an all-stock deal. Under terms of the transaction, each common share of Semler Scientific will be exchanged for 21.05 Class A common shares of Strive.

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