Strive retires 92% Semler debt, buys 333.9 BTC after $225M preferred raise

Strive said Wednesday it has retired 92% of the liabilities assumed in its Semler Scientific acquisition and purchased 333.9 BTC after completing its Variable Rate Series A Perpetual Preferred Stock offering. Strong demand lifted the raise to $225 million from a $150 million target. The company's holdings now total 13,132 BTC, with $110 million of inherited debt already repaid.