Key Highlights:

• Bitcoin surpassed $100,000, causing significant upward movement in crypto stocks during pre-market hours.
• Semler Scientific saw a rise of over 7%, while both MicroStrategy and MARA Holdings recorded gains of 6%.
• Companies like IREN and Hut 8 also showcased innovative strategies to enhance shareholder value before trading commenced.

Market Details:

As Bitcoin achieved the notable psychological milestone of $100,000, cryptocurrencies surged forward, adding 4% over the last 24 hours.

Semler Scientific, which possesses 1,570 BTC, approached shares priced at $70 each.

Notable Company Movements:

• MicroStrategy now holds the most Bitcoin among public companies with 402,100 BTC, climbing 6.5%.
• MARA Holdings performed notably well, climbing over 6% post their $850 million offering of a zero-coupon convertible senior note, due in 2031, primarily intended to fund Bitcoin acquisitions.
• IREN announced a plan for a $300 million convertible senior note, and Hut 8 initiated a $500 million at-the-market offering to support their expansion and buy back Bitcoin as a reserve asset.
• Coinbase gained 4.4% as part of this market trend.

This snapshot of the market indicates a growing interest and investment in crypto holdings as Bitcoin cements its role as a major financial asset.