Stive (ASST) has agreed to buy Semler Scientific (SMLR) in an all-stock deal that represents a 210% premium, or $90.52 per share, based on Friday's market close, according to a press release. Each share of SMLR will be exchange of 21.05 shares of ASST.

Alongside, Strive announced the purchase 5,816 bitcoin for $675 million.

The deal comes as Semler's stock valuation traded below the value of its bitcoin holdings.

Semler Executive Chairman Eric Semler is expected to join the board of the combined company.