Strive completes Semler merger, acquires 5,048 bitcoin, retires $100M debt, raises $109M

Filed May 14, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 15, 2025 · ~1 min read

Key Changes

• high

  Company acquired 5,048 bitcoin through Semler Scientific merger, now holds 13,628 bitcoin ($929M fair value) and recorded $296M unrealized loss in Q1 2026, driving $266M net loss for the quarter.

  MD&A: Digital Assets verify on EDGAR →
• high

  Assumed $100M convertible notes in merger, immediately retired $90M via stock exchange and repurchased remaining $10M by May 2026, leaving company debt-free but recording $8.5M extinguishment loss.

  MD&A: Convertible Notes verify on EDGAR →
• high

  Raised $109M through SATA Stock offering (perpetual preferred) and declared $13.5M in dividends; dividend frequency changed from monthly to daily effective June 16, 2026.

  MD&A: Capital Raise verify on EDGAR →