Semler Scientific to Expand Its Bitcoin Holdings with $75 Million Convertible Notes Sale

Semler Scientific is raising $75 million through convertible senior notes to strengthen its Bitcoin holdings and support corporate growth. The company began its Bitcoin strategy in May 2024 and has since accumulated 2,321 BTC, with unrealized profits of nearly $29 million. Apart from Semler, companies like Hoth Therapeutics and Rumble have also embraced Bitcoin, signaling…

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Czech Central Bank Governor to Propose Allocating 5% of National Reserves to Bitcoin

Governor Aleš Michl sees Bitcoin as a hedge against economic uncertainty and an opportunity to diversify the nation’s financial assets. The move aligns with growing trends worldwide, as US states like Utah and Arizona push similar Bitcoin reserve plans. If approved, the Czech Republic could set a precedent for other nations considering Bitcoin in their…

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Tuttle Capital Files for Solana, XRP, Cardano and Seven Other Leveraged Crypto ETFs

Tuttle Capital Management is the first firm to file for ten leveraged crypto ETFs at once.Leveraged ETFs use debt to amplify gains but come with higher risks, especially in crypto. Bloomberg’s Eric Balchunas suggests the SEC’s response to these filings will be crucial. Tuttle Capital Management, an investment advisory firm based in Riverside, Connecticut has…

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