KULR Technology Group has joined the Bitcoin for Corporations (BFC) institutional platform launched by Strategy and Bitcoin Magazine to promote corporate Bitcoin adoption. As an Executive Member, KULR gains access to institutional-grade tools and peer networks. The company also announced a $13 million increase in its Bitcoin treasury, raising total holdings to 920 BTC at an average price of $98,760 per bitcoin. Its total investment now stands at $91 million, with a year-to-date return of 260% on its Bitcoin holdings. The BFC initiative, announced at the 2024 Bitcoin Conference, provides educational resources, practical tools, and networking for publicly traded companies. KULR's CEO Michael Mo and Strategy co-founder Michael Saylor both emphasized the significance of the initiative in accelerating corporate Bitcoin adoption.

On September 22, 2025, two Bitcoin For Corporations (BFC) members—Strive, Inc. (NASDAQ: ASST) and Semler Scientific, Inc. (NASDAQ: SMLR)—announced an all-stock acquisition that marks the first major consolidation among publicly traded Bitcoin treasury companies. Semler shareholders receive a 210% premium, with each share exchanged for 21.05 Strive Class A shares. Upon closing, the combined entity will control over 10,900 Bitcoin, placing it among the largest corporate holders globally. Strive plans to finance future Bitcoin purchases exclusively with perpetual preferred equity, avoiding debt rollover risks. The deal also includes a profitable diagnostics business that may be monetized or distributed. This transaction signals a new era of consolidation, capital structure innovation, and underscores Bitcoin's transition from a peripheral asset to a foundation for corporate strategy and shareholder value creation.

On September 22, 2025, two Bitcoin For Corporations (BFC) members, Strive, Inc. (Nasdaq: ASST) and Semler Scientific, Inc. (Nasdaq: SMLR), announced a transformative all-stock acquisition. The deal offers a 210% premium (21.05 Strive shares per Semler share) and, together with Strive's concurrent purchase of 5,816 BTC for $675 million, gives the combined entity over 10,900 Bitcoin—placing it among the largest corporate holders globally. This article unpacks the transaction details, Strive's unique 'preferred equity only' capital model (eliminating refinancing risk), the strategic synergy within the BFC network, Semler's profitable diagnostics business as a dual mandate, and the market signal of a 210% premium. It distills four key lessons for CFOs and boards evaluating Bitcoin treasury strategies.