Company Launches Far-Reaching Bitcoin Treasury Strategy SARASOTA, Fla., May 30, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has closed its previously announced private placement offering (“the Offering”) with approximately 50 institutional investors. The Offering consisted of the sale of (i) ...

Core Insights - KULR Technology Group has increased its bitcoin acquisitions by an additional $9 million, bringing the total to $78 million, with a current holding of 800.3 BTC at a weighted average price of $103,234 per bitcoin [1][2] Bitcoin Treasury Strategy - The recent acquisition aligns with KULR's Bitcoin Treasury Strategy, which was announced on December 4, 2024, committing up to 90% of surplus cash reserves to be held in bitcoin [2][9] Performance Metrics - KULR has achieved a BTC Yield of 220.2% year to date, utilizing surplus cash and its At-The-Market (ATM) equity program to fund bitcoin acquisitions [3][4] - BTC Yield is defined as the percentage change in the ratio of the company's bitcoin holdings to its Assumed Fully Diluted Shares Outstanding, serving as a key performance indicator for the effectiveness of the bitcoin acquisition strategy [4][5] Financial Management - The company emphasizes disciplined financial management while advancing shareholder value through its strategic goals [6][9]

Core Insights - BitMine Immersion Technologies, Inc. has launched a Bitcoin Treasury Advisory Practice and completed a $4 million strategic transaction with a U.S. exchange-listed company [1][2] - The company is offering "Mining as a Service" (MaaS) to its strategic partner and plans to extend this service to other companies holding Bitcoin [1][3] - The strategic agreement includes leasing 3,000 Bitcoin ASIC miners for $3.2 million, with $1.6 million paid upfront, and an additional $800,000 consulting agreement for one year [2][3] Company Overview - BitMine focuses on Bitcoin mining, Synthetic Bitcoin Mining, and providing advisory services to companies interested in Bitcoin-denominated revenues [5] - The company operates in low-cost energy regions, including Trinidad and Texas [5] Market Context - Nearly 100 public companies have adopted Bitcoin as a treasury holding, with expectations for this number to grow [4] - The CEO of BitMine highlighted that the current transaction exceeds the company's entire revenue for the 2024 fiscal year, indicating strong growth potential in the Bitcoin advisory market [4]

Financial Data and Key Metrics Changes - Total revenues in Q1 2025 were $8.8 million, down approximately 44% compared to Q1 2024 [15] - Operating expenses in Q1 2025 were $39.9 million, compared to $8.9 million in Q1 2024, including a $29.8 million contingency reserve related to a DOJ settlement [15] - The net loss for Q1 2025 was $64.7 million, or $6.74 per share, compared to a net income of $6.1 million, or $0.88 per share in Q1 2024 [18] Business Line Data and Key Metrics Changes - The healthcare business is experiencing pressure from payment changes made by CMS, impacting revenue [12] - The company is targeting growth in the cardiovascular space and plans to introduce additional FDA cleared products [12][25] Market Data and Key Metrics Changes - The company has acquired a total of 3,808 Bitcoins valued at approximately $400 million, making it the fourth largest Bitcoin treasury company in the US [6] - In 2025, the company acquired 1,510 Bitcoins with a BTC yield of 22.2%, resulting in a BTC dollar gain of $52 million [6] Company Strategy and Development Direction - The company prioritizes its Bitcoin treasury strategy while managing its healthcare business to generate cash for Bitcoin purchases [10] - The strategic focus includes diversifying the customer base and expanding into new markets with potentially life-saving products [25] Management's Comments on Operating Environment and Future Outlook - Management acknowledges headwinds in the healthcare business but sees opportunities for growth in the cardiovascular space [12] - The company aims to minimize declines in QuantiFlo revenue while maintaining infrastructure for innovation and growth [25] Other Important Information - The company completed a $100 million convertible note financing round, using most proceeds to buy Bitcoin [8] - A new $500 million ATM program became effective on April 22, 2025, to support Bitcoin acquisitions [8][20] Q&A Session Summary Question: What are your plans this year for accumulating more Bitcoin? - The company has ambitious plans to increase its Bitcoin stockpile and is confident in utilizing its $500 million ATM for additional acquisitions [23] Question: What's driving the underlying trends in the business, and what do you expect for 2025? - Despite government payment changes, the company continues to see testing and customer additions, focusing on minimizing revenue declines while expanding its product offerings [24][25]

Financial Data and Key Metrics Changes - Total revenues in Q1 2025 were $8.8 million, down approximately 44% compared to Q1 2024 [15] - Operating expenses in Q1 2025 were $39.9 million, compared to $8.9 million in Q1 2024, including a $29.8 million contingency reserve related to a DOJ settlement [15] - The net loss for Q1 2025 was $64.7 million, or $6.74 per share, compared to a net income of $6.1 million, or $0.88 per share in Q1 2024 [18] Business Line Data and Key Metrics Changes - The healthcare business is experiencing pressure from payment changes made by CMS, impacting revenue [12] - The company is targeting growth in the cardiovascular space and plans to introduce additional FDA cleared products [12][25] Market Data and Key Metrics Changes - The company has acquired a total of 3,808 Bitcoins valued at approximately $400 million, making it the fourth largest Bitcoin treasury company in the US [6] - In 2025, the company acquired 1,510 Bitcoins with a BTC yield of 22.2%, resulting in a BTC dollar gain of $52 million [6] Company Strategy and Development Direction - The company prioritizes its Bitcoin treasury strategy while managing its healthcare business to generate cash for Bitcoin purchases [10] - The strategic focus includes diversifying the customer base and innovating in the healthcare sector [12][25] Management's Comments on Operating Environment and Future Outlook - Management acknowledges headwinds in the healthcare business but sees potential for growth through new initiatives [12] - The company aims to minimize declines in QuantiFlo revenue while expanding into new markets [25] Other Important Information - The company launched a Bitcoin dashboard for investors to track Bitcoin-related statistics [21] - A new $500 million ATM program became effective on April 22, 2025, to support Bitcoin acquisitions [8] Q&A Session Summary Question: What are your plans this year for accumulating more Bitcoin? - The company has ambitious plans to increase its Bitcoin stockpile and is confident in utilizing its $500 million ATM for additional acquisitions [23] Question: What's driving the underlying trends in the business, and what do you expect for 2025? - Despite government payment changes, the company continues to see testing and customer additions, focusing on maintaining infrastructure for growth in cardiovascular disease states [24][25]

Financial Data and Key Metrics Changes - Total revenues in Q1 2025 were $8.8 million, down approximately 44% compared to Q1 2024 [13] - Operating expenses in Q1 2025 were $39.9 million, compared to $8.9 million in Q1 2024, including a $29.8 million contingency reserve related to a DOJ settlement [13] - The net loss for Q1 2025 was $64.7 million, or $6.74 per share, compared to a net income of $6.1 million, or $0.88 per share in Q1 2024 [15] Business Line Data and Key Metrics Changes - The healthcare business is experiencing pressure from payment changes made by CMS, but there are signs of growth in diversifying the customer base and introducing new FDA cleared products [11] - The company is pursuing a new 510(k) clearance for a product extension aimed at diagnosing heart failure, expected in 2025 [11] Market Data and Key Metrics Changes - The company has acquired a total of 3,808 Bitcoins valued at nearly $400 million, making it the fourth largest Bitcoin treasury company in the U.S. [6] - In 2025, the company acquired 1,510 Bitcoins with a yield of 22.2%, resulting in a BTC dollar gain of $52 million [6] Company Strategy and Development Direction - The corporate strategy is focused on three core principles: prioritizing the Bitcoin treasury strategy, ensuring the healthcare business generates cash, and increasing Bitcoin holdings [9] - The company aims to manage its healthcare business to generate cash primarily for Bitcoin purchases [4] Management's Comments on Operating Environment and Future Outlook - Management acknowledges headwinds in the healthcare business but remains optimistic about future growth opportunities in the cardiovascular space [11] - The company emphasizes its commitment to executing its Bitcoin treasury strategy alongside its healthcare business [24] Other Important Information - The company completed a $100 million convertible note financing round, using most proceeds to buy Bitcoin [7] - A new $500 million ATM program became effective on April 22, 2025, to support further Bitcoin acquisitions [7] Q&A Session Summary Question: What are your plans this year for accumulating more Bitcoin? - The company has ambitious plans to increase its Bitcoin stockpile and is confident in utilizing its $500 million ATM for additional acquisitions [21] Question: What's driving the underlying trends in the business, and what do you expect for 2025? - Despite government payment adjustments, the company is focused on minimizing declines in QuantiFlo revenue while expanding its customer base and targeting new markets [22][23]

Financial Highlights - Semler Scientific reported revenues of $56.3 million in FY2024 and $8.8 million in Q1 2025[11] - The company held 3,733 bitcoins as of May 12, 2025[10] - Semler Scientific acquired 3,808 bitcoins at a total cost of $340 million as of May 12, 2025[11] - The total market value of Semler Scientific's bitcoin holdings was $387.9 million as of May 12, 2025[11] - Semler Scientific had a cash, cash equivalents, and restricted cash balance of $9.9 million as of March 31, 2025[12] Bitcoin Strategy - Semler Scientific aims to create stockholder value through bitcoin accumulation[7] - The company strategically uses debt and equity securities issuances to accumulate bitcoin[7] - Semler Scientific's primary treasury reserve asset is bitcoin[11] - The company has an ATM authorization remaining of $438 million[25] Healthcare Business - Semler Scientific's healthcare business has historically been cash generative, which may support future bitcoin purchases[7] - The company is expanding product offerings and seeking a new 510(k) clearance[28]

Core Viewpoint - Thumzup Media Corporation has filed an amendment to its universal shelf registration statement, increasing the maximum aggregate offering amount from $200 million to $500 million to support working capital and its Bitcoin acquisition strategy [1][2]. Group 1: Registration Statement Details - The upsized registration statement will allow Thumzup to raise up to $500 million for additional working capital and to further its Bitcoin acquisition strategy [2]. - The Company’s Board of Directors has authorized Thumzup to allocate up to 90% of its liquid assets to Bitcoin as part of its treasury strategy [1][2]. - Thumzup may raise capital in one or more offerings over the next three years, utilizing various securities including common stock, preferred stock, warrants, debt securities, purchase contracts, and/or units [2][3]. Group 2: Future Offerings - Specific terms for any future capital raising under the shelf registration will be detailed in a prospectus supplement filed with the SEC at the time of the offering [3]. - No securities are being sold at this time under the amended shelf registration [3][4]. Group 3: Company Overview - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry, offering a platform that allows users to earn cash for posting about participating advertisers [6]. - The Thumzup app is available for download on major platforms, enhancing user engagement and advertiser reach [5][6].

Core Viewpoint - Thumzup Media Corporation has filed a universal shelf registration statement with the SEC, allowing it to raise up to $200 million for working capital and Bitcoin acquisitions, while also authorizing the allocation of up to 90% of its liquid assets to Bitcoin under its BTC Reserve Strategy [1][2][3]. Group 1: Company Strategy - The company currently holds 19.106 BTC, valued at approximately $1.8 million as of May 4, 2025 [1]. - The Board of Directors has approved a strategy to acquire Bitcoin, permitting the allocation of up to 90% of liquid assets to BTC [3]. - The registration statement allows for capital raises through various securities over three years after it becomes effective [3][4]. Group 2: Capital Raising Mechanism - The registration statement on Form S-3 is not yet effective, meaning no securities can be sold or offers accepted until it is [5]. - Future offerings will be detailed in a prospectus supplement filed with the SEC, providing flexibility for capital raising [4][5]. Group 3: Company Overview - Thumzup Media Corporation operates in the social media branding and marketing industry, offering a platform that allows users to earn cash for promoting advertisers on social media [6]. - The platform features a programmatic advertiser dashboard and a consumer-facing app, facilitating cash payments through digital payment systems [6].

Financial Data and Key Metrics Changes - In Q1 2025, the company reported total software revenues of approximately $111 million, down 3.6% year-over-year, primarily due to lower product license and support revenues [24] - The company adopted fair value accounting for its Bitcoin holdings, resulting in a beginning balance of retained earnings adjustment of $17.9 billion due to the difference between carrying value and fair value [27] - The price of Bitcoin declined from approximately $93,400 at the end of 2024 to roughly $82,400 at the end of Q1 2025, leading to an unrealized fair value loss of $5.9 billion [28] Business Line Data and Key Metrics Changes - Subscription services revenues in the cloud segment increased by 62% year-over-year, now accounting for approximately 33% of total revenues, with subscription billings growing by 38% to $24.5 million [24] - The decline in product license revenues and support revenues was offset by growth in cloud services, indicating a successful transition from on-premise to cloud solutions [24] Market Data and Key Metrics Changes - The company remains the largest corporate holder of Bitcoin globally, holding 553,555 Bitcoins valued at $52 billion as of April 28, 2025 [6] - The company has raised $10 billion year-to-date through various capital market activities, including $6.6 billion in equity and $3.4 billion in fixed income instruments [12] Company Strategy and Development Direction - The company plans to continue its aggressive Bitcoin accumulation strategy, having utilized $37.3 billion of capital to increase its Bitcoin holdings [10] - The introduction of the new $42 billion capital plan aims to raise additional equity and fixed income capital through 2027, allowing for strategic flexibility [19][20] - The company emphasizes its unique position in the market, having outperformed major asset classes and the S&P 500 since adopting its Bitcoin strategy in 2020 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a 25% BTC yield target for 2025, up from the previous target of 15%, reflecting strong year-to-date performance [23] - The management highlighted the positive impact of recent government actions on Bitcoin's legitimacy and institutional interest, setting the stage for deeper integration into the U.S. financial system [7] Other Important Information - The company has raised $6.6 billion through its ATM equity offering program and $2 billion through a convertible note offering in Q1 2025 [8] - The company’s capital structure is described as well-fortified, with $109 billion in equity market cap and significant Bitcoin reserves supporting its fixed income liabilities [35] Q&A Session Summary Question: What is the company's strategy for capital raising? - The company introduced the 2121 plan to raise $21 billion in equity and fixed income capital, achieving 65% completion in just six months, reflecting strong market access and investor demand [18] Question: How does the company plan to outperform Bitcoin? - The management discussed various BTC metrics and strategies to create shareholder value, emphasizing the importance of capital markets transactions and their long-term impact on stock performance [42][46]