ChainCatcher news, the publicly traded company Semler Scientific will raise $75 million to purchase more Bitcoin.

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel pointed out that the fintech company Block is expected to become the first publicly traded company in the S&P 500 index to hold Bitcoin.After achieving profitability in the first quarter of 2024, the company has met all the inclusion criteria for the S&P 500, including a market capitalization of over $18 billion, a public float of over 10%, and profitability for five consecutive quarters. According to historical data, eligible companies are typically included within 3 to 21 months (except for LULU, which took 65 months).Sigel noted that the current financial sector's share in the S&P 500 is 13.9%, lower than the overall market level of 14.6%, which is favorable for Block's inclusion as a financial stock in the index.

ChainCatcher news, according to Globenewswire, the publicly traded company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of Bitcoin in the company's asset management plan. As part of this strategy, SUNation plans to allocate 30% of its excess cash for purchasing BTC based on its projected six-month operating expenses. This allocation will depend on factors such as market conditions and the operational requirements of the company, including supporting its planned expansion strategy.It is reported that SUNation Energy is a provider of sustainable solar and backup power solutions for homes, businesses, and municipal authorities.

ChainCatcher news, the US-listed company La Rosa Holdings (LRHC) will integrate Bitcoin (BTC) and cryptocurrency payment options for a network of over 3,000 real estate agents.The company will allow agents to receive commissions in the form of digital assets. The company offers the platform La Rosa Realty, which helps agents manage their work, from buying and selling properties to communicating with clients.The company stated that the program aims to address the "growing demand for alternative payment methods among agents and clients." The company's CEO Joe La Rosa said in a statement, "This initiative could create a new revenue stream for La Rosa, and the company will charge a 2% fee for agents who choose to receive payments in cryptocurrency."

ChainCatcher news, according to GlobeNewswire, Canadian public company Matador Technologies Inc. announced that its board has unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury as part of its long-term capital preservation strategy.It is reported that Matador plans to make an initial allocation of $4.5 million to Bitcoin in December 2024 and will continue to explore additional purchases at the board level through a disciplined buying program.

ChainCatcher news, according to data disclosed by HODL15Capital, Hut 8 has surpassed Tesla to become the fourth publicly traded company holding over 10,000 BTC. The top three are: MicroStrategy (439,000 BTC), Marathon Digital (44,394 BTC), and Riot Platforms (17,429 BTC).

ChainCatcher news, according to Globenewswire, U.S. publicly traded company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a financial reserve asset. The board has authorized Banzai to use company funds to purchase and hold Bitcoin, up to 10% of the company's corporate financial accounts, to achieve diversification of financial assets and hedge against inflation.Banzai founder and CEO Joe Davy stated, "We believe that Bitcoin will diversify our assets and allow us to benefit from the potential long-term value of Bitcoin."It is reported that Banzai is a marketing technology company that provides essential marketing and sales solutions.

ChainCatcher news, reported by ACCESSWIRE, U.S. publicly traded company Interactive Strength announced that its board of directors approved the purchase of up to $5 million in Bitcoin, but not exceeding 25% of the company's average daily cash holdings over the previous three calendar months.In addition, the company plans to accept certain cryptocurrency payments, allowing customers to flexibly use digital currencies to purchase its products. As part of this plan, the TRNR board has approved keeping these crypto payments within the same limits as its treasury reserve assets, reflecting the company's confidence in the long-term potential and value of digital assets.It is reported that Interactive Strength is a manufacturer of innovative professional fitness equipment under the CLMB and FORME brands.

ChainCatcher news, according to PR Newswire, the U.S. publicly traded company Hoth Therapeutics announced that its board of directors has approved the purchase of up to $1 million in Bitcoin.Hoth CEO Robb Knie stated, "With the continued growth of Bitcoin and its gradual emergence as a major asset class attracting investor attention and recognition, we believe Bitcoin will become a powerful financial reserve asset. With the recent approval of Bitcoin ETFs and the increasing activity of institutional investors, Bitcoin will serve as a strong complement to financial strategies. We believe that Bitcoin's anti-inflation characteristics may make it a reliable asset with value storage capabilities."

ChainCatcher news, according to Bitcoin Magazine, publicly traded company Thumzup Media Corp announced that it will adopt Bitcoin as a treasury reserve asset, with the company's board approving the purchase of up to $1 million in Bitcoin.It is reported that Thumzup Media Corp is engaged in the social media branding and marketing industry. The company operates in a single business area, namely social media marketing.

ChainCatcher news, the US-listed company Unitronix Corp. (OTC: UTRX) recently announced a cryptocurrency portfolio strategy aimed at combining fundamental crypto assets like Bitcoin with dynamically selected high-growth assets, including DeFi tokens and stablecoins, primarily consisting of:Strategic investment in Bitcoin: Plans to allocate most of the funds to Bitcoin;Diversified cryptocurrency assets: Holding assets including ETH, Solana, as well as DeFi tokens and meme coins;Dynamic leverage management: Under favorable market conditions, the portfolio's leverage can reach up to 10 times, adapting to changing market dynamics while controlling risk and achieving growth;AI-driven management and rebalancing: Actively managing the portfolio using AI algorithms.Unitronix Corp CEO Kenneth Williams stated: "We are committed to making it easy for shareholders at all levels to access cryptocurrency directly. Our portfolio strategy fully leverages the high growth potential of cryptocurrencies while maintaining strong risk control. This is an unprecedented way to access digital assets through a regulated investment structure." (PR Newswire)

ChainCatcher message, HODL15Capital has compiled a list of publicly traded companies that are actively purchasing BTC and holding it long-term on their balance sheets.Among them, MicroStrategy holds 226,500; Marathon Digital holds 25,000; Block (Square) holds 8,038; Boyaa holds 1,100; Fold holds 1,000; Semler Scientific holds 929; Metaplanet holds 303; WonderFi holds 43; Bitcoin Depot holds 12.

ChainCatcher news, according to PR Newswire, the U.S. listed medical technology company Semler Scientific announced the additional purchase of 101 bitcoins for $6 million. Since announcing the adoption of a bitcoin asset reserve strategy on May 28, 2024, the company has cumulatively purchased 929 bitcoins, totaling $63 million.

ChainCatcher news, according to Bitcoinist, American publicly traded company Kronos Advanced Technologies has announced the adoption of SHIB as a viable payment option for its products. The company disclosed this new payment integration in its latest filing with the U.S. Securities and Exchange Commission (SEC).Kronos CEO Greg Rubin stated, "Integrating SHIB as a payment option aligns with our forward-thinking spirit and dedication to embracing technological advancements. By adopting Shiba Inu, we not only cater to a tech-savvy customer base but also enhance our market adaptability and future-proof our sales strategy."It is reported that Kronos is a technology company specializing in air purification and disinfection. Kronos is implementing a limited-time promotional campaign, offering a 10% discount to customers who purchase air purifiers using SHIB.