Has Ethereum finally found its elevator pitch?

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe.

“There are three creativities: creativity in technology, in product planning, and in marketing. To have any one of these without the others is self-defeating in business.”

— Akio Morita

The TR-55 transistor radio, the first product sold under the Sony brand, was a technical success — released in 1955, it marked a leap in miniaturization, solid-state design and made-in-Japan innovation.

It wasn’t much of a seller, however, and Sony’s co-founder, Akio Morita, knew why. It needed a better marketing pitch. 

So for its next product, Morita demanded that Sony’s…

Read more on Blockworks

Bernstein Analysts Predict Michael Saylor’s Strategy And Other Corporations Could Buy $330 Billion In Bitcoin By 2030

Bernstein analysts think companies could put up to $330 billion into Bitcoin over the next five years, with strategies like Michael Saylor’s leading the way, according to a new report. Bitcoin is quickly becoming more than just a speculative asset—it’s starting to look like a serious option for corporate treasuries.

Strategy has employed a unique mix of equity sales, debt issuance, and corporate cashflows to fund its Bitcoin purchases—part of a long-term initiative dubbed the “21/21” capital plan, which it recently doubled to $84 billion in its new 42/42 raising efforts. Now, according to Bernstein’s May 5 report, Strategy could go even further:

“In our bull case, we…

Read more on BitcoinMagazine

LATEST: Bernstein Expects Strategy and Other Corporations Adopting Bitcoin Could Add $330B in Five Years

Publicly listed companies worldwide are projected to invest up to $330 billion in Bitcoin over the next five years according to a report by Bernstein analysts. This follows significant success by Strategy previously MicroStrategy which aggressively accumulated approximately 555,450 bitcoins accounting for over 2.6% of the cryptocurrency’s total supply. The firm’s innovative financial strategies boosted its holdings to nearly $38 billion inspiring other corporations to consider similar moves.

Institutional adoption is expected to expand further after recent regulatory shifts in the United States. President Donald Trump’s executive order creating a Strategic Bitcoin Reserve using seized crypto assets marks a significant step toward mainstream acceptance. The Securities and Exchange Commission has also cleared paths for banks to custody cryptocurrencies by removing restrictions previously hindering growth.

Bernstein highlights that larger corporations could collectively allocate about $190 billion to Bitcoin while smaller companies might contribute an additional $11 billion by 2026. Analysts anticipate regulatory clarity driven by the US could prompt broader international corporate adoption of Bitcoin as a key treasury asset.

Semler Scientific Buys 167 More BTC, Now One Of The Largest Bitcoin Treasury Holders In U.S.

Semler Scientific (Nasdaq: SMLR) has acquired 167 additional bitcoins for $16.2 million between April 30 and May 2, 2025, using proceeds from its at-the-market (ATM) equity offering. This latest purchase brings the company’s total BTC holdings to 3,634, making it one of the largest public Bitcoin treasury companies in the United States.“$SMLR acquires 167 #Bitcoins for $16.2 million and has generated BTC Yield of 22.2% YTD. Now holding 3,634 $BTC and is now the fourth largest Bitcoin Treasury Company in the U.S.,” said Eric Semler, Chairman of Semler Scientific, in a post on X.

$SMLR acquires 167 #Bitcoins for $16.2 million and has generated BTC Yield of 22.2% YTD. Now holding…

Read more on BitcoinMagazine

Riot Produces 463 BTC In April During Strategic Transition

Riot Platforms (NASDAQ: RIOT) produced 463 Bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest unaudited monthly production and operations report. The company also sold 475 Bitcoin for net proceeds of $38.8 million at an average price of $81,731, marking a strategic shift in funding operations.

“Riot mined 463 bitcoin in April as the network experienced two successive difficulty adjustments during the month,” said Jason Les, CEO of Riot. 

The company closed a significant deal in April, acquiring all tangible assets of Rhodium at its Rockdale Facility, including 125 MW of power capacity. “April was a significant month for Riot as we…

Read more on BitcoinMagazine

How To Use On-Chain Data To Improve Your Trading Strategy

In a crypto market driven by speculation, social sentiment, and macro headlines, using on-chain data offers something refreshingly different: verifiable charting, transparency, and tamper-proof insights directly from the blockchain.

For traders and investors, on-chain analytics are no longer optional, they’re essential tools for building smarter, more resilient strategies.

What Is On-Chain Data?

On-chain data refers to all information recorded directly on a blockchain, such as:

Transaction volumes and values

Wallet address activity

Exchange inflows/outflows

Miner behavior

Supply distributions

Its the fundamental data of crypto, being the equivalent of earnings reports and…

Read more on Benzinga

LATEST: Semler Scientific Adds 167 BTC, Treasury Balance Reaches 3,634 Bitcoin

Semler Scientific has made a bold move into the cryptocurrency market by purchasing more Bitcoin between April 30 and May 2 at an average price of $97093 per coin. The Delaware-based company used proceeds from its stock offering program raising $398 million by selling 117 million shares since April 15. As of May 2 the total value of its Bitcoin holdings reached $3524 million with an unrealized gain of $301 million.

The company introduced a new metric called Bitcoin Yield which has jumped 222 percent this year through May 2. This self-defined measure tracks the ratio of bitcoin holdings to diluted shares which climbed from 1025 million to 1326 million in 2024. Semler explained this is not a standard financial metric and does not reflect the company’s earnings or bitcoin’s income potential.

The purchases were funded by a mix of stock sales and cash flow from operations. Semler reaffirmed that owning its shares does not mean owning bitcoin directly. This move echoes similar strategies by firms like Strategy which recently raised its holdings to 555,450 BTC.

Source

Strategy Buys $180 Million Worth Of Bitcoin

According to a Monday SEC filing, Strategy purchased the bitcoin at an average price of $95,167 per coin between April 28 and May 4. The acquisition brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average price of $68,550 per bitcoin.

The latest purchase was funded through a combination of common stock and preferred stock sales, with $128.5 million raised through Strategy’s common stock ATM program and $51.8 million through sales of STRK preferred shares. The transaction notably exhausts Strategy’s previous $21 billion ATM offering launched last year.

Last week, Strategy announced plans to double its capital raising capacity,…

Read more on BitcoinMagazine

Ledn’s Mauricio Di Bartolomeo & Adam Reeds Interview

Mauricio Di Bartolomeo, founder and Chief Strategy Officer at Ledn, knows the true value of Bitcoin firsthand.

Born and raised in Venezuela, Mauricio’s family lived through the economic collapse caused by hyperinflation and authoritarian policies under Chavez’s regime.

“I saw Chavez come into power and start dismantling the whole operation,” Mauricio recalls.

“My family, my friends, all suffered from hyperinflation. They made buying dollars illegal in Venezuela so they basically forced you to get debased.”

The situation quickly deteriorated as the government tightened its grip.

“People started buying non-perishables like cans of tuna, bags of rice and…

Read more on bitcoinnews

JUST IN: Strategy’s Bitcoin Stack Hits 555,450 BTC After New 1,895 Purchase

Michael Saylor’s Strategy has added 1,895 bitcoin worth approximately $180.3 million at an average price of $95,167 per bitcoin. The company has achieved a strong bitcoin yield of 14% year to date in 2025 showing confidence in long term crypto gains.

As of May 4 2025 the company holds 555,450 bitcoin purchased for roughly $38.08 billion at an average of $68,550 per coin. This massive holding now accounts for 2.64% of the entire bitcoin supply reinforcing Strategy’s position as the top corporate bitcoin holder and a leading voice in the crypto space.