CRYPTO

By Brayden Lindrea of CoinTelegraph

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin exchange-traded fund (ETF) in the first quarter, regulatory filings show.

BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange Commission filings. (more…)

Healthcare company Semler Scientific (SMLR), known for pursuing remedies to chronic diseases, announced a major shift in its treasury strategy. The company's board of directors adopted Bitcoin as its primary treasury reserve asset, alongside a substantial purchase of 581 Bitcoins for an aggregate amount of $40 million.

"Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment," (more…)

Collapsed cryptocurrency exchange Mt. Gox moved $9.62 billion worth of Bitcoin into a new wallet, raising hopes among creditors.

As Zoltan Vardai reporets at CoinTelegraph.com, the 141,686 Bitcoin was consolidated into wallet “1Jbez" from several other cold wallets associated with Mt. Gox.

These transfers are seen as a potential indication that users who have been unable to access their funds since 2014, when Mt. Gox suspended trading and withdrawals, might finally be (more…)