Tag: btc

Semler Scientific buys more Bitcoin, now holds 2,084 BTC

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Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings to 2,084 BTC. The recent purchase was made at an average price of $101,890 per Bitcoin, including fees and expenses. The total value of Semler’s Bitcoin holdings now stands at $168.6 million, based on an average purchase price of $80,916 per Bitcoin. Semler’s Bitcoin acquisition was funded through proceeds from…

BTC Mania: Bitcoin’s Meteoric Rise Past $107,000

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Bitcoin (BTC), the world’s leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets. Key contributors to bitcoin‘s surge include increased institutional adoption […] Original

MicroStrategy Purchases a Further 15,350 BTC Following Nasdaq 100 Inclusion

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Self-described bitcoin (BTC) development company MicroStrategy (MSTR) has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC with the acquisition finishing on Dec. 15. MicroStrategy disclosed that the 15,350 BTC purchase came to a total of $1.5 billion for an average price of $100,386 per bitcoin. This brings the company’s total holdings to 439,000 BTC worth $45.6 billion at current market prices. The company’s overall average…

Bitcoin Breaks ATH Pushing Back Into Price Discovery – BTC To $130K?

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Este artículo también está disponible en español. Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5. This breakout has sparked renewed excitement, with traders and investors now eyeing Bitcoin’s next potential targets. Related Reading Top analyst Jelle shared his insights on X, highlighting that Bitcoin’s breakout from the ascending triangle is a…

Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises Holdings to 2,084 BTC

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The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin for $21.5 million. According to a Dec. 16 press release, Semler purchased the additional bitcoin with […] Original

Microstrategy Snaps up 15,350 BTC, Pushing Its Bitcoin Stash to 439,000—Bull Run Incoming?

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Microstrategy’s $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin’s rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest […] Original

Bitcoin (BTC) Price Tops $106K as New FASB Rule Takes Effect

By Omkar Godbole (All times ET unless indicated otherwise) Imagine you have a rare collectible. It’s aged like fine wine, but only shows the original price tag. That’s how U.S. companies have been told to value their bitcoin … stuck in the past instead of reflecting its true worth. As of today, that changes. Yes, today is when the FASB fair value accounting rule, which passed in 2023, takes effect, allowing companies to report their bitcoin holdings at fair market value instead of the purchase price. The change gives firms…

Put Options for BlackRock’s Bitcoin (BTC) ETF at $30, $35 See High Volume – What’s Happening?

Surging volumes in put options linked to BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) could be interpreted as bearish sentiment. That’s not necessarily the case. On Friday, more than 13,000 contracts of the $30 out-of-the-money (OTM) put option expiring May 16 changed hands as the ETF rose 1.7% to $57.91, according to data from Amberdata. Volume in the $35 put option expiring Jan. 16, 2026, topped 10,000 contracts. Most of the activity probably stems from market participants looking to generate passive income through “cash-secured put selling” rather than outright purchase of…

Bitcoin (BTC) Price Soars to $106K, Then Retreats as Hawkish Fed Rate Cut Looms

Bitcoin (BTC) surged to over $106,000 in early Asian hours, setting new all-time highs before quickly retreating to $104,500 amid concerns about the upcoming U.S. Federal Reserve (Fed) rate cut. The U.S. central bank is expected to reduce the benchmark borrowing cost by 25 basis points to the 4.25% to 4.5% range, marking a total easing of 100 basis points since September. However, there are concerns that the accompanying Fed commentary will seek to temper expectations for further easing, potentially diminishing the bullish impact of the rate cut. The Fed…