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Semler Scientific Declares Bitcoin Accumulation War For 105,000 BTC
Semler Scientific ignited a fresh salvo in the corporate scramble for scarce Bitcoin on Thursday, unveiling a three-year plan to expand its treasury from 4,449 BTC to an eye-popping 105,000 BTC and installing long-time analyst Joe Burnett as its inaugural director of Bitcoin strategy. The California-based healthcare-technology firm said it will seek to own at least 10,000 BTC by December 2025, 42,000 BTC by the end of 2026 and the full 105,000 BTC—worth roughly $11 billion at today’s prices—before 2028.
Bitcoin Corporate Accumulation War Heats UpThe escalation builds on a frenetic 13-month buying campaign that has left Semler holding 4,449 BTC accumulated at an average cost of $92,158 per coin. The company disclosed those figures in early June after purchasing an additional 185 BTC for $20 million through its at-the-market (ATM) share-sale program. News of the aggressive new targets sent SMLR shares 12 percent higher in early Friday trade, briefly reversing a bruising year-to-date slide that had left the stock down more than 50 percent.
“We are excited to have Joe join our Bitcoin strategy team and help drive our three-year plan to own 105,000 Bitcoins,” chairman Eric Semler said in the press statement. “Since adopting the Bitcoin Standard, we have achieved approximately 287 percent BTC yield and a $177 million unrealized gain through June 3.” Burnett, whose résumé spans market-research roles at Unchained and Blockware Solutions, framed the campaign in epochal terms: “We are witnessing the global monetization of Bitcoin as a superior form of money… Semler Scientific is determined to build one of the largest corporate Bitcoin treasuries in the world.”
Semler says it will finance the blitz with a blend of operating cash flow, fresh equity and convertible-debt issuance—a tactic honed over the past year via the $500 million ATM program that has already raised $136 million. That structure mirrors the playbook pioneered by Michael Saylor’s MicroStrategy, now renamed Strategy, whose 592,100-BTC trove remains the sector’s benchmark.
The arithmetic behind Semler’s goal is punishingly steep. At a constant BTC price of $105,000, acquiring 100,551 additional coins would require roughly $10.6 billion—equal to more than 200 times Semler’s trailing-twelve-month revenue.
According to Bitcoin Treasuries, 130 listed firms now sit on a combined 832,597 BTC, or 3.96 percent of the eventual 21-million-coin supply. In Japan, Metaplanet is chasing 210,000 BTC; in the United States, Block and Tesla have resumed steady accumulation. Semler’s 105,000-BTC ambition would catapult it from its current 14th position to the second-largest corporate holder of BTC.
At press time, BTC traded at $104,326.
XRP Price Targets $3.61 In Short Term As ‘Cup’ Turns Hot
The XRP price is still trending low after the recent market crash, which has put it below the $2.2 level. This has seen the breakdown of multiple support levels, leaving only the $2 support level to hold up for the bulls to hold. At the same time, there have been several formations on the XRP price chart that suggest a turn in the tide. Crypto analyst Dark Defender outlines the bullish formations in a recent X post, showing where the price might be headed next.
Why The XRP Price Is Headed For $3.61In the analysis that was posted on the social media platform, the crypto analyst shows that there have been multiple technical indicators that are beginning to flash bullish at this point. As the analyst explains, the XRP price is about to see the tension that is pushing it down washed off.
This tension zone lies just below the $2.1 level, and the tension has been rising here with the price not breaking down, and support still mounting for the price. This means that this is the level that the digital asset must clear to begin the next uptrend.
In addition to the expected tension zone blow off, the analyst also explains that this price is also close to the conjunction of the trend lines. Furthermore, the Fibonacci level and the Cup Surface also lie close to this price level.
Dark Defender also mentioned that the XRP moving averages have also tightened during this time. Given this, it is possible that the price does begin to rise, especially as the trend line is squeezed, leading to a blow-off top.
With these bullish technicals flashing now, there are two price targets that the crypto analyst presented. The first of this is just a 5% move toward the $2.22 price level, which is the major resistance at this point. If this level is successfully cleared, then the next target is a 50% move up to the $3.61 territory.
Community Calls For Regulatory ClarityAmid the bullish technicals showing up now, it seems that the XRP price is still suppressed as the Ripple-SEC lawsuit rages on. Crypto analyst and XRP community member Jaydee posted a poll asking the community on what they believe will be the narrative that pushes the next bullish divergence.
The poll ended with 44.3% of voters being in favor of regulatory clarity and the end of the SEC lawsuit as the major reason that will drive the bullishness. Others included Charts/TA being what is needed at 34.3%, and 11.5% for Partnerships/Adoption, and the Ripple IPO getting 9.9% of votes.
Best Altcoins to Soar as XRP Future Uncertain: Breakout or Dump?
XRP, the fourth biggest crypto in the world with a staggering $127B in market capitalization, has been the talk of the town over the past few months.
Much of this chatter has been due to $XRP’s sluggish price action. The token climbed up by a whopping 46% in January this year but has since then lost around 29% of its value.Even worse, the previous four months (June included) have served up little to no gain/loss, which has made investors fidgety and speculative about an upcoming ‘KABOOM’ phase.
Keep reading to find out what expert traders are saying about $XRP’s future, whether it’s worth investing in right now, and why perhaps you’d be better off stacking your portfolio with the other best altcoins like $HYPER and $BEST instead.
$XRP’s Technical Analysis Paints a Pretty Picture (For the Most Part)Crypto Beast, a crypto trader with over 700K followers on X, recently posted their XRP outlook.
Even though $XRP has recorded a net loss of 7% over the past 30 days, Crypto Beast believes that the token could reach ‘at least $8’ thanks to a bullish flag pattern.
While the Ontario Securities Commission (OSC) approving the launch of a spot XRP ETF on the Toronto Stock Exchange (TSX) fuels this bullish bias, it’s worth remembering that consolidation patterns aren’t really directional in nature.
To conclude, even though $XRP traders are hoping for a bullish leg up, the fact remains that a consolidation period as fleshed-out as $XRP’s can just as easily serve up a bearish breakout (dump), too.Remember, it’s a smart move to know when to step away from a particular asset, i.e., when there’s little clarity about its direction. This is the case with $XRP right now.
However, this doesn’t mean that your crypto portfolio shouldn’t see any action.
We’ve handpicked the top trending cryptos for you in this guide, including hot new presales, which could help you dig out those returns on your investment.
1. Bitcoin Hyper ($HYPER) – Best Altcoin to Buy Right NowBitcoin Hyper ($HYPER) is one of the best cryptos to buy now if you’re looking for a high-potential token with both solid fundamentals and community hype.
$HYPER aims to become the backbone of the growing trend of Bitcoin meme coins, as it plans to build the first true Layer 2 solution to improve Bitcoin’s scalability and speed.
It’s worth noting that Bitcoin L2s aren’t entirely a new concept. However, Bitcoin Hyper is the first one to incorporate meme coins into it.
The ecosystem has multiple moving parts, including an SVM-based execution layer and a Canonical Bridge.
Together, these tools allow users to quickly and securely transfer $BTC between Bitcoin’s L1 and the Hyper L2 and then use the wrapped $BTC across dApps. Note that this wouldn’t have been possible on Bitcoin’s L1.
Buying $HYPER won’t just allow you to ride this revolutionary project’s growth, but it also comes with governance rights and staking rewards (currently 526% p.a.).The project launched just a couple of weeks ago and has already raised over $1.45M. One token is currently available for $0.01195, though our $HYPER price prediction sees it potentially hitting $0.32 in 2025.
2. Best Wallet Token ($BEST) – Native Token of A New & Exciting Crypto WalletBest Wallet, powered by the Best Wallet Token ($BEST), is a new free crypto wallet offering a superior user experience. The wallet comes with class-leading privacy and a unique built-in launchpad that lets you buy new meme coins on presale directly from within the app.
In addition to being non-custodial (which means only you have access to your stored crypto), Best Wallet also encrypts all your data and lets you enable multi-factor authentication for an added layer of security.
Moreover, your crypto keys are protected by MPC technology, ensured by Fireblocks.
Given the app’s comprehensive security and its ability to redefine how retailers store and manage their crypto, Best Wallet believes it can capture over 40% of the non-custodial crypto wallet market by 2026.
If you want a chunky piece of this growth, buying $BEST, Best Wallet’s native token, is the way to start. This utility coin is currently in presale, meaning you can scoop it up for some of the lowest-ever prices.
Given Best Wallet’s growing popularity, we predict $BEST reaching $0.072 this year (a 185% increase from the current price).
One $BEST is currently selling for only $0.025205, and the project has in total raised over $13.45M.
3. SUNDOG ($SUNDOG) – Viral Tron-Based Dog Meme CoinIf you believe Dogecoin and Shiba Inu are the only cute dog-themed meme coins on the market, take a good look at SUNDOG, a cheerful corgi.
Built to represent TRON in the dog meme coin space, $SUNDOG had a terrific first few months after its launch in August 2024. It climbed up 530% by December, reaching an all-time high of around $0.35.
After the initial enthusiasm wore off, though, $SUNDOG has had a difficult time, losing more than 95% of its value. Yet things aren’t looking so bleak anymore.
Is it time for a SUNDOG reversal? We think so. The coin is up more than 14% over the past 7 days, with a chunky 18% rise in 24-hour trading volume. This shows increasing investor activity, which is usually a good sign.
$SUNDOG is currently trading at $0.05998, which makes it one of the best cheap cryptos to buy now.
Wrapping Up: Is $XRP Making Way for Other Altcoins?All in all, despite being a big-name cryptocurrency, $XRP is in a tricky position right now; its price could move either direction soon.
Currently, it’s well worth shifting your attention to other smaller yet arguably more explode-worthy tokens like Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST).
However, make sure you do your own research before investing. None of the above is financial advice, and the crypto market is highly unpredictable and risky.