LATEST: Healthcare Firm Semler Scientific Buys $40M Bitcoin for Treasury

Semler Scientific Inc., a pioneer in healthcare technology, in its official press release, announced that it has approved bitcoin as its primary treasury reserve and has made a $40 million purchase into a total holding of 581 bitcoins in an acquisition. This strategic buy, made in due belief for contentment in its stability and results, echoes with the latest regulatory advance—authorization by the SEC for over $13 billion investments in bitcoin ETFs.

As Semler confidently believes, bitcoin equals a store of value, and surely, it is bound to be the most valuable digital asset because its repository is of better investment qualities than the conventional gold ever had. Semler Scientific believes it means the significant part of future returns from this digital gold lies ahead.

In this strategic financial realignment, Semler still maintains its primary medical services, emphasizing the sale and development of its QuantaFlo® product in cardiovascular health to assure health care advances continue to rise.

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American voters are becoming crypto investors, Grayscale survey posits

A survey from Grayscale and The Harris Poll found that Americans are becoming crypto voters, which should come as no surprise to anyone active on Crypto Twitter. 

The results also show that 41% of respondents are paying attention to crypto — though not necessarily already holding it — up from 34% in the first installment of this survey from November 2023. 

A third and final survey will be released later this year, closer to the US election in November.

The same 2023 survey found that 40% of voters expected that they’d have some crypto in their portfolios, but that number has since climbed to 47%. 

Read more: Gen Z more likely to own crypto than stocks: Survey

“Aligned with…

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Top Trending Crypto Coins of The Day

BIGCAP COINS:

  1. Pepe: Market Cap of $6.6 Billion.
  2. Bitcoin: Market Cap of $1.3 Trillion.
  3. FLOKI: Market Cap of $2.8 Billion.

MIDCAP COINS:

  1. Notcoin: Market Cap of $915 Million.
  2. Super Trump: Market Cap of $8.2 Million.
  3. Pendle: Market Cap of $1.0 Billion.

RISING COINS:

  1. MAGA: Market Cap of $191 Million.
  2. Wojak: Market Cap of $109 Million.
  3. TokenFi: Market Cap of $154 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Former FTX exec Ryan Salame sentenced to 7.5 years, above government ask 

A federal judge sentenced former FTX executive Ryan Salame to 7.5 years in prison in Manhattan Tuesday, according to a report from Bloomberg. 

The ruling falls just above the government’s request of five to seven years in prison. Salame’s team earlier this month asked Judge Lewis Kaplan, who presided over FTX founder Sam Bankman-Fried’s criminal trial last fall, for 18 months in prison. 

Salame in September pleaded guilty to two counts of campaign finance violations and operating an unlicensed money-transmitting business. By acting as a “straw donor,” the government says, Salame helped “pump more than $100 million dollars in illegal contributions through the US political…

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