Strive's Chief Investment Officer, Ben Werkman, has warned of an impending wave of mergers and acquisitions among Bitcoin finance companies. Werkman highlighted that sustained low Bitcoin prices are pressuring firms reliant on convertible bond financing, potentially forcing them to sell Bitcoin to sustain operations or repay debt. This scenario could lead to increased mergers, asset sales, and restructuring within the industry. Werkman emphasized that Strive has strategically avoided the pressures of convertible bonds by opting for equity financing. The company recently acquired Semler Scientific, illustrating a trend of industry consolidation. Werkman also noted that some firms are actively reducing debt and adjusting their balance sheets, anticipating further mergers and restructuring as companies adapt to ongoing market challenges and conservative asset valuations by rating agencies.