The offering is registered under the Securities Act of 1933 and marks Strive's latest move to expand its bitcoin holdings while addressing outstanding debt. Strive plans to use the proceeds from the offering, along with cash on hand and potentially funds from terminating certain derivative contracts tied to convertible debt, to repurchase or redeem all or a portion of the 4.25% Convertible Senior Notes due 2030 issued by its subsidiary Semler Scientific, Inc.
Gen Z is often stereotyped as frivolous spenders, but new data reveals a far more sobering reality. Nearly half have already dipped into their retirement savings-not for luxuries, but to pay down debt and cover emergencies. Many are also skipping meals, delaying medical care, and selling belongings just to make rent. Despite being the most active 401(k) contributors, Gen Z is being forced to choose between financial responsibility and basic survival.