The chief of Britain’s largest corporate Bitcoin holder says the company will continue aggressive accumulation despite nearly $100 million wiped from its holdings over three months. The move signals firm conviction in Bitcoin's long-term value amid a brutal downturn.
Semler shareholders approved Strive Inc.'s all-stock acquisition, advancing a deal that clears the way for Strive to pursue a treasury holding of up to 12,798 BTC. The move could elevate Strive into the ranks of major corporate bitcoin holders.
The Financial Services Commission has lifted a 2017 ban and now permits listed companies to allocate up to 5% of their equity into the top 20 cryptocurrencies by market cap.