Strive Reports 15,009 Bitcoin, Zero Debt After Semler Merger and Note Buyback

Key Takeaways

Try Experiences Bigger Bitcoin Treasury After Semler Deal

Try Inc. (Nasdaq: ASST) filed its quarterly report with the U.S. Securities and Alternate Fee (SEC) on Could 14, reporting 15,009 bitcoin as of Could 12 after further bitcoin purchases and debt compensation exercise. The corporate listed $929.4 million in digital property at March 31, earlier than later disclosing up to date money holdings and a $50.5 million place in Technique Inc.’s Variable Charge Collection A Perpetual Stretch Most popular Inventory (STRC).

Semler Scientific’s merger added 5,048 bitcoin and medical-device operations to Try. From April 1 to Could 12, Try purchased 1,381 bitcoin at a median worth of about $76,524. The corporate had assumed $100 million of Semler Scientific’s 4.25% convertible senior notes due 2030 throughout the merger, later exchanging $90 million into SATA most popular inventory earlier than repurchasing the remaining $10 million stability after quarter-end.

“As of Could 12, 2026, the Firm has no quick or long-term debt excellent,” Try acknowledged, including:

“As of Could 12, 2026, our money and money equivalents totaled $87.6 million, whereas our place within the STRC Inventory had a good worth of $50.5 million. Our bitcoin treasury totaled 15,009 bitcoin as of Could 12, 2026.”

Quarterly income reached $2.76 million, up from $1.42 million a yr earlier. Medical-device income contributed $1.37 million after the Semler transaction. Web loss totaled $265.9 million, largely tied to a $295.8 million unrealized loss on digital property measured at truthful worth.

SATA Most popular Inventory Strikes Towards Each day Dividends

Try additionally amended phrases for its Variable Charge Collection A Perpetual Most popular Inventory (Nasdaq: SATA). Each day dividend funds are set to start out on June 16, 2026, on enterprise days, when declared by the board.

Chief Government Matt Cole posted on X on Could 14 that SATA would develop into the “first safety in historical past to pay each day dividends” and stated distributions would happen about 250 instances per yr whereas APR stays at 13% by June 2026. Cole additionally described Try as holding 15,009 bitcoin with zero debt and referred to as ASST the one bitcoin treasury firm with preferred-only amplification. The submitting famous:

“Administration believes that Try’s liquidity place places the corporate ready of strategic benefit to execute on strategic initiatives and meet working capital wants for not less than the subsequent twelve months.”

At-the-market exercise continued after March 31. Try issued Class A shares for $58.4 million in gross proceeds and SATA shares for $58.6 million from April 1 to Could 12. Remaining issuance capability totaled $217.9 million for widespread inventory and $429.2 million for SATA shares.