Vivek Ramaswamy's Bitcoin Bet: The Semler Deal Worth Waiting For

From frustrating value trap to potential triple – if Strive holds up

I wanted to look at gold today, trading at all time highs (again).

Last week I suggested that bull markets don’t last forever, and that we are in perhaps innings six of nine for this bull market.

Remember: the last month or two of a bull market often sees the biggest gains, as the market goes parabolic in its final throes.

If you live in a Third World country, such as the UK, I urge you to own gold or silver. The bullion dealer I recommend is The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.

I took a lot of heat on various social media telling me in no uncertain terms that we are not in innings six but much earlier, and indeed that this bull market will end in the collapse of fiat and the official reinstatement of gold.

Maybe. But then everyone said that in 2011 too. And in 1980. You can read all about that in my amazing book.

But this market is super hot. Beware.

On the other hand, short-term heat or not, there is actually a strong case that for the gold miners we are only in innings three.

So, my plan this week was to discuss the above, but we are going to have to put said discussion on the back burner for a week, as some dramatic and positive news came in for Flying Frisby readers, which was too big to ignore. Indeed it might result in a very big win.

Today we consider the announcement that former US presidential candidate Vivek Ramaswamy’s Strive, Inc. (NASDAQ.ASST) is merging with Flying Frisby pick Semler Scientific, Inc. (NASDAQ: SMLR).

With Semler trading just below $30/share, and the deal valuing it equivalent to $90/share, the merger represents a stonking 210% premium for Semler, and it appears to have come out of the blue. Twas a very nice surprise to wake up to.

The combined entity will boast a Bitcoin treasury of over 10,900 Bitcoin, and be the world’s 11th largest corporate owner of bitcoin.

Yet Semler has only jumped about 15% on the news. It should triple. Does that make it a screaming buy right now?

What gives?