Semler Scientific borrows $20M at 10% via Bitcoin-backed loan to fund DOJ settlement

Strive, Inc.

Semler Scientific borrowed $20M cash under Master Loan Agreement with Coinbase Credit.
Loan is collateralized by Bitcoin; interest rate 10%, initial margin 156.25%, matures March 26, 2026.
Early termination fee equals full remaining interest through loan term.
Proceeds (with cash from ops) to pay in full previously disclosed DOJ settlement.
Semler intends to use the loan alongside operating cash to satisfy the settlement obligation.

item 8.01

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