The company's stock price has been in a negative trend in 2025, indicating that a Bitcoin strategy is not a “panacea,” according to an analyst. Semler Scientific bought another $25 million in Bitcoin to push its holdings to nearly 5,000 BTC, but investors aren't buying into the buzz. Even with its treasury strategy and big gains on its crypto investments, the medical technology company’s shares are down 22% year-to-date. Semler bought 210 Bitcoin (BTC) in the first week of July at an average price of $118,974 per coin, according to a filing with the US Securities and Exchange Commission (SEC). The company now holds 4,846 Bitcoin, acquired for almost $455 million and now worth $577.9 million. The shift from medical technology business to the Bitcoin treasury company is backed by a $175 million capital raise through an at-the-market (ATM) offering in April. The company plans to hold 105,000 BTC by 2027. If Semler achieves its goal, it would hold 0.05% of all BTC that would ever be produced. Read more
Hollywood actors Ana de Armas and Tom Cruise were spotted spending quality time in the Mediterranean amid rumours about their romance. To Read Lifestyle Stories in Urdu – Click Here The two were seen sailing on a boat along the coast of Menorca in Spain. The snaps showed Ana de Armas sporting a white dress […]
CALIFORNIA: Meta Platforms Inc., Facebook’s parent company, has announced a comprehensive update to its Facebook monetisation policy 2025, which aims to curb the circulation of unoriginal and spammy content across the platform. The new Facebook monetisation policy 2025 will penalise accounts that repeatedly share videos, images, or text without making meaningful improvements or providing proper […]
ISLAMABAD: The National Database and Registration Authority (NADRA) has launched a new Citizen Facilitation Centre in Islamabad, ARY News reported. The centre has been launched in the G-11 area of Islamabad to facilitate citizens with seamless services. This initiative aims to provide identity-related services under one roof, decreasing the need for frequent visits and long […]
The three bills on Republicans’ crypto agenda passed with bipartisan support despite continued pushback from Democrats over claims of corruption and conflicts of interest. After delays in Congress over Republican concerns with central bank digital currencies (CBDCs), the US House of Representatives has passed three pieces of crypto legislation. In a Thursday House session, lawmakers voted 294-134 to pass the Digital Asset Market Clarity (CLARITY) Act, a bill aimed at establishing a market structure for cryptocurrencies, 308-122 in favor of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, and 219-210 for the Anti-CBDC Surveillance State Act. Almost 80 Democrats voted yes for the CLARITY Act and more than 100 for the GENIUS Act, with the bills having been expected to move through the chamber before Congress breaks for its August recess. Read more
The legal dispute between SDM Jyoti Maurya and her separated husband Alok Maurya has risen in headlines as Alok approaches the Allahabad High Court asking for alimony. The case, which initially got attention in 2023, has yet again ignited controversy and social media reactions. According to Alok Maurya, a sanitation worker in Uttar Pradesh’s Panchayati […]