Another company is increasing its Bitcoin holdings. Asset management firm STRIVE recently announced the acquisition of Semler Scientific entirely with stock, a company that has been a deep participant in the Bitcoin space. What does this M&A transaction reflect? Many institutions and enterprises are adjusting their asset allocation strategies to include Bitcoin as a core holding. As a strategic player, this move by STRIVE indicates a trend: in the current market environment, Bitcoin has gradually evolved from a purely speculative asset to an institutional-grade asset allocation option. Even more interesting is that this asset allocation approach is spreading from traditional financial institutions to tech companies and management firms. By acquiring Bitcoin-focused companies like Semler Scientific, STRIVE is essentially consolidating resources and deepening its influence in the digital asset field. Such M&A cases are increasing, perhaps marking the beginning of a new phase—Bitcoin moving from a fringe asset to mainstream visibility.