Corporate Bitcoin

Strive

2026-07-02 16:00:14

Strive ($ASST) Acquires Semler ($SMLR) in Landmark Bitcoin Treasury Deal: A New Chapter in 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.

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GameStop

2026-07-02 12:00:14

GameStop Buys $513 Million Worth of Bitcoin as Corporate Crypto Treasury Trend Accelerates

Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings. The company raised $1.3 billion via convertible notes in March to fund such acquisitions. GameStop's move follows the playbook of Strategy (formerly MicroStrategy) and comes amid over 50 public companies announcing Bitcoin treasury programs in 2025. The shares rose 4.4% pre-market. Bitcoin traded near $108,900 at press time. This represents about 10.7% of GameStop's liquid assets of $4.78 billion.

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Steak 'n Shak

2026-07-02 11:00:14

Steak 'n Shake Adds $10 Million in Bitcoin to Corporate Treasury, Same-Store Sales Jump 10%

Fast-food chain Steak 'n Shake has added $10 million worth of bitcoin to its corporate treasury, marking its most direct bitcoin allocation to date. Since adopting Lightning Network payments in May 2025, the company reports saving roughly 50% in processing fees and a same-store sales increase of over 10% in Q2 2025. The chain also launched a Bitcoin-themed burger, suspended a poll on adding Ethereum, and reinforced its allegiance to bitcoiners. While its 105 BTC position is modest compared to Strategy's 687,000 BTC, it reflects a broader trend of corporate bitcoin accumulation. Global treasury-held bitcoin now exceeds 4 million BTC.

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Metaplanet

2026-07-02 10:30:14

Metaplanet Surpasses MARA Holdings to Become Third-Largest Corporate Bitcoin Holder

Tokyo-listed Metaplanet acquired 5,075 BTC in Q1 2026 for ~$398 million, bringing its total holdings to 40,177 BTC, surpassing MARA Holdings. Despite a 32% unrealized loss due to Bitcoin's price decline, the company continues its accumulation strategy funded by equity issuances and options income. Metaplanet targets 210,000 BTC by end of 2027.

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