It takes a lot to shake Wall Street analysts from their famously bullish views. Consider the case of Strategy Inc. A 60% rout that wiped out $73 billion in value only turned three of the 19 analysts who cover the company into bears. Fifteen still have the equivalent of buy ratings. The median price target of 12 of those implies the stock will rise more than 150% in the next year to about $485 from its close of about $189 on Monday. Most Read from Bloomberg Jeffrey Yu of President Capital Management Corp ...

Strive Asset Management (ASST) has acquired Semler Scientific (SMLR) in an all-stock deal. While historic, the move also drew attention to what may be a problem for investors valuing bitcoin treasury firms. The acquisition was the first-ever merger between two Digital Asset Treasuries (DATs) holding bitcoin, giving the combined company control of more than 10,900 BTC and increases net asset value (NAV) per share, which DAT investors view as a measure of “yield.” In a note this week commenting on the acqu ...