A New Era of Digital Asset Dominance
Strive has finalized its acquisition of a healthcare technology firm, marking a pivotal shift in its corporate strategy. While shareholders approved the deal, the surprise announcement of a 1-for-20 reverse stock split rattled investors, sending Strive's stock down 12% and the target company's shares tumbling nearly 10%.
Bitcoin Vault Now Exceeds 12,800 Units
With the merger complete, the combined entity will hold approximately 12,798 Bitcoin — a stash larger than Tesla’s current holdings and surpassing that of Trump Media & Technology Group. This positions the company as one of the most significant corporate Bitcoin holders outside the mining sector.
Dual-Pronged Strategy: Healthcare Revenue Meets Digital Assets
- Leverage established diagnostic operations for consistent cash flow
- Use earnings to reduce approximately $120 million in debt
- Preserve a lean structure focused on Bitcoin yield generation and asset optimization
The move signals a transformation from a capital vehicle into an integrated asset management platform. Investors are now watching how the company navigates near-term market skepticism while executing its long-term vision.