Semler Scientific Doubles Down on Bitcoin with $10 Million Purchase
Semler Scientific, a healthcare technology company, has reinforced its commitment to Bitcoin by purchasing an additional 111 BTC for $10 million. This strategic move highlights the firm’s confidence in cryptocurrency as a treasury asset, following its earlier investments. With Bitcoin currently priced at $103,507.93 USDT, this development underscores the growing institutional adoption of digital assets.
Semler Scientific Expands Bitcoin Holdings with $10 Million Purchase
Semler Scientific, a healthcare technology firm specializing in medical diagnostics, has further solidified its position as a corporate Bitcoin advocate. The company acquired an additional 111 BTC for $10 million on April 25, signaling continued confidence in cryptocurrency as a treasury asset.
The move follows Semler’s earlier bitcoin purchases, demonstrating a strategic allocation to digital assets rather than traditional cash reserves. Such institutional adoption underscores Bitcoin’s evolving role in corporate balance sheets.
Bitcoin Could Be Headed for a Short Squeeze After $95K, Binance Data Suggests
Bitcoin’s price surged past $95,000 with an 8% gain, fueled by market activity on Binance, which accounts for 40% of global retail spot trading. Analysts point to a potential short squeeze as large short positions remain vulnerable above $92,000.
High-leverage longs were liquidated between $82,000 and $88,000, clearing out weaker hands. The remaining shorts now face upward pressure, creating conditions for a sharp rally if forced buying accelerates.
Binance saw over 15,000 BTC inflows during April 6-10, signaling heightened institutional interest amid growing bullish momentum.
Record $236B Stablecoin Supply Signals Bullish Momentum for Bitcoin
The cryptocurrency market is witnessing a historic accumulation of stablecoins, with total supply reaching an unprecedented $236.6 billion according to DefiLlama data. This $2.135 billion weekly increase represents dry powder that could fuel the next leg of the crypto rally.
Bitcoin has already responded to the liquidity surge, posting a 10% gain this week to approach the $93,000 level. The leading cryptocurrency found strong support at a critical technical level before embarking on its current upward trajectory.
Market analysts view stablecoin accumulation as a reliable leading indicator, with previous cycles showing similar buildups preceding major price appreciations. The current supply growth suggests institutional and retail investors are positioning for further upside.
Bitcoin Holders Realize $139 Million in Profit Per Hour Amid Rally
Bitcoin investors are capitalizing on the recent price surge, realizing profits at an unprecedented rate. According to Glassnode’s latest weekly report, $139 million in hourly profits are being recorded—17% above baseline levels. The on-chain analytics firm tracks realized profits by analyzing the transaction history of each coin sold, measuring the difference between current spot prices and historical acquisition costs.
This profit-taking coincides with Bitcoin’s recovery rally, signaling strong market participation. The data underscores how holders are strategically exiting positions as prices rebound, creating a dynamic interplay between profit realization and price momentum. Such metrics often precede volatility as markets balance profit-taking with renewed buying pressure.
ARK Invest Projects Bitcoin Could Reach $2.4M by 2030 in Bullish Scenario
ARK Invest has unveiled a strikingly optimistic outlook for Bitcoin, forecasting a potential surge to $2.4 million by 2030 in its bullish scenario. The firm revised its base and bear case projections to $1.2 million and $500,000, respectively, citing institutional adoption and Bitcoin’s scarcity as key drivers.
Three factors underpin this bold prediction: growing institutional allocation as asset managers and corporate treasuries deepen their Bitcoin exposure, the "digital gold" narrative positioning BTC as a store of value, and its potential to capture a market cap comparable to traditional safe-haven assets.
Meanwhile, AMBCrypto suggests Bitcoin’s current consolidation phase may persist for another week before attempting a breakout toward $100,000 or $103,000.
Arkansas City Halts Bitcoin Mining Project Amid Community Backlash
A proposed cryptocurrency mining operation in Arkansas has been shelved following significant public opposition. Local residents raised concerns over noise pollution from cooling systems and the strain on regional energy infrastructure. The decision underscores growing tensions between crypto ventures and communities grappling with the externalities of industrial-scale mining.
Bitcoin mining facilities continue facing scrutiny worldwide as policymakers weigh economic benefits against environmental and social impacts. This incident mirrors broader debates about sustainable blockchain infrastructure, particularly in energy-sensitive regions.
