Semler Scientific to Increase Bitcoin Holdings by $10 Million
Semler Scientific, a US-listed medical technology company, announced that it will invest $10 million in new Bitcoin, adding to its existing holdings of 111 BTC. This step shows that the company is embracing BTC as a long-term store of value. Semler joins the likes of MicroStrategy and Metaplanet in implementing an institutional BTC strategy.
Michael Saylor: IBIT Will Be the World’s Largest ETF in the Future
Over the last five trading days, US spot Bitcoin ETFs have seen inflows of around $2.8 billion, with the price of Bitcoin rising from $85,000 to $94,000. BlackRock’s IBIT ETF alone accounted for $1.3 billion of that inflow. Michael Saylor claimed that IBIT will be the world’s largest ETF in ten years.
Trump: Tariffs Suspended for 90 Days, Bond Market Not the Reason
Trump said they will suspend tariffs for 90 days until the targeted economic gains are achieved. The reason for the suspension was not the bond market, but the negotiation process. Trump continues to steer his trade strategy step by step.
BlackRock Increases Bitcoin Holdings to 2.77 Percent
BlackRock bought $1.2 billion worth of BTC this week, amounting to 2.77 percent of the total Bitcoin supply. This reinforces institutional investors’ confidence in BTC. BlackRock’s ETF, IBIT, is having a significant impact on the market.
Senator Dave McCormick Becomes Congress’ Biggest Bitcoin Investor
Former Bridgewater CEO and current Pennsylvania Senator Dave McCormick has become the largest Bitcoin investor in Congress. His investments in the Bitwise Bitcoin ETF totalled nearly $1 million. McCormick also diversified his portfolio into crypto by selling a large amount of Goldman Sachs shares.
by Darkex Research – 1 min read
