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Globe and Mail
17 minutes ago
- Globe and Mail
The Bitcoin Bet Gets Bigger and Bigger
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - July 10, 2025) - a go-to investing platform covering sustainable energy and crypto stocks releases a snapshot of public companies increasing their digital holdings, featuring KULR Technology Group, Inc (NYSE American: KULR), a Bitcoin First Company and global leader in sustainable energy management. To view an enhanced version of this graphic, please visit: How big is the Bitcoin play? BlackRock's iShares Bitcoin Trust (IBIT) now holds 700,000 Bitcoin (BTC) according to Glassnode data. In 18 months, IBIT has grown to $76 billion in assets under management, surpassing the iShares Core S&P 500 ETF (IVV), which tracks the US equity benchmark, and the iShares Russell 2000 ETF (IWM), which follows small-cap US stocks. KULR Technology Group, Inc (NYSE American: KULR) has been investing in the future of Bitcoin as institutional capital since the December 4 th announcement of its Bitcoin Treasury strategy to allocate up to 90% of its surplus cash to BTC. It has announced multiple expansions of its holdings since executing its plan. On May 20 th, KULR announced it increased bitcoin acquisitions for its Bitcoin Treasury by an additional $9 million, to reach a total of $78 million in bitcoin acquisitions. KULR is going in deeper and just announced that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). From the news: The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility. The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals. "This marks KULR's first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate," said Michael Mo, CEO of KULR. "It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value." In 2024, KULR selected Coinbase's Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services. Amounts borrowed under the credit facility will be secured by a portion of the Company's total bitcoin holdings. Even President Trump's company is going deeper in crypto. Trump Media and Technology Group Corp. (NASDAQ: DJT) (NYSE Texas: DJT), operator of the social media platform Truth Social, the streaming platform Truth+ and the Fitch brand just announced filing with the US Securities and Exchange Commission of the initial registration statement on Form S-1 for the Truth Social Crypto Blue Chip ETF, B.T. The ETF will hold Bitcoin, Ether, Solana ("SOL"), Croons ("CRO") and Ripple ("XRP") directly, with 70% of its assets invested in Bitcoin, 15% in Ether, 8% in SOL, 5% in CRO and 2% in XRP, and offer its shares to investors, aiming to reflect the price performance of Bitcoin, Ether, SOL, CRO and XRP. From the news: will act as the ETF's exclusive digital asset custodian and prime execution agent, as well as staking and liquidity provider. Continued: The launch of the Truth Social Crypto Blue Chip ETF is pending effectiveness of the Registration Statement as well as approval of a Form 19b-4 filing with the SEC. Upon launch, the Shares will be listed on NYSE Arca. Yorkville America Digital is acting as the sponsor of the ETF. In late May, MicroStrategy Incorporated d/b/a Strategy (NASDAQ: MSTR) (NASDAQ: STRK) (NASDAQ: STRF) announced it raised $427 million; purchased 4,020 BTC; and now holds 580,250 BTC. On July 7 th MicroStrategy/Strategy announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share having an aggregate offering price of up to $4.2 billion (the "ATM Program"). From the news: Strategy expects to make sales of STRD Stock pursuant to the ATM Program in a disciplined manner over an extended period, taking into account the trading price and trading volumes of the STRD Stock at the time of sale. Continued: Strategy intends to use the net proceeds from the ATM Program for general corporate purposes, including the acquisition of bitcoin and for working capital, and may also use the net proceeds for the payment of dividends to holders of its 10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share and 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share. The momentum is building as CNBC just reported, "Corporate treasuries have surpassed ETFs in bitcoin buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment." "Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider Bitcoin Treasuries. ETFs showed an 8% increase or about 111,000 BTC in the same period." KULR Technology Group, Inc (NYSE American: KULR) isn't just betting on the future of Bitcoin for its shareholders, its core technologies span multiple industries with sustainable and safe solutions. "KULR is at the forefront of pioneering the next generation of engineering solutions across various sectors, including space, aerospace, defense, transportation, and recycling. Our expertise spans from small-satellite (CubeSat) batteries to JSC 20793 human-rated batteries, offering both off-the-shelf products and custom solutions tailored to meet specific needs." Research crypto stocks with the free stock directory About - Big Investing Ideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all.
Globe and Mail
17 minutes ago
- Globe and Mail
New Calgary townhouse cuts price to compete against area's detached homes
2220 26 Ave., S.W., No. 3, Calgary Asking price: $699,800 (May, 2025) Previous asking price: $724,900 (April, 2025) Selling price: $683,000 (May, 2025) Taxes: N/A Property days on market: 38 Listing agent: Kamil Lalji, CIR Realty This luxury townhouse on an infill site six kilometres from Calgary's downtown core is one of eight units newly constructed by Crystal Creek Homes, a developer that more typically builds in the suburbs. This centre unit was advertised for $724,900, but the asking price was quickly trimmed to $699,800 to entice local buyers more used to detached housing. 'From a buyer's perspective, for that number, you can live in a detached home in suburbia or buy an older infill for maybe $200,000 more and get significantly more square footage, plus a double garage,' said agent Kamil Lalji. 'Prices are trending downwards at the moment, so we had to price it ahead of the market, not what things had previously sold for.' Potential buyers of this three-storey unit also had the option of a two-storey model in the row behind it. 'Those are unique because they have walkout basements, but they're not three storeys,' Mr. Lalji said. 'Unit No. 3 was at the front, so it has two bedrooms up with two ensuites. Above that was a loft space with a half-bath and a rooftop deck, which was south facing.' This townhouse has a street-level entrance and 1,580 square feet of living space and an unfinished basement. The main floor has a powder room, open principal rooms, a kitchen with an island and an exit to a private yard and walkway to the garage. Monthly condominium fees are $367, which covers snow removal and lawn care. 'Richmond is super close to downtown, 17th Avenue, and the high streets people tend to love,' Mr. Lalji said. 'It's also adjacent to the Currie Barracks development, which is a big, master plan with eventually 10,000 units … and that'll have a lot of interesting retail.'
Globe and Mail
22 minutes ago
- Globe and Mail
Multi-Billion Virtual Healthcare Industry Witnessing Substantial Growth with Rapid Expansion Expected
PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global telehealth market has been substantially growing over the past years and is expected to continue this growth well into the future. A report from Grand View Research said that: 'The global telehealth market size was estimated at USD 123.26 billion in 2024 and is projected to reach USD 455.27 billion by 2030, growing at a CAGR of 24.68% from 2025 to 2030. North America dominated the telehealth market with the revenue share of 46.58% in 2024. The market is primarily driven by the increasing adoption of digital health & smartphones, rising investments, improved internet connectivity, and growing technological advancements… the growing adoption and acceptance of telehealth services are expected to boost the market's growth over the forecast period.' The report continued: 'Moreover, smartphones have evolved from devices of communication & entertainment to devices that can monitor health and fitness. Some market players are developing Chatbot services for basic medical inquiries and one-time consultations… Moreover, the market is propelled by favorable government initiatives to expand telehealth by making healthcare services more accessible and convenient for patients. The focus on cost-effective and efficient healthcare solutions further propels the adoption of telehealth services. The rising adoption of telehealth facilities by patients, physicians, and government authorities is boosting the market. Access to healthcare through specific applications and video consultations enables communication between patients and doctors in remote locations, eliminating the need to visit hospitals or clinics. Market players such as Apple, Google, and IBM focus on improving the mobile health experience by providing numerous solutions through different subscription plans and emphasizing data security. These factors are expected to drive the market growth over the forecast period.' Active tech companies in the markets this week include Treatment AI, Inc. (OTCQB: TREIF) (CSE: TRUE), CVS Health ® (NYSE: CVS), Teladoc Health, Inc. (NYSE: TDOC), Tempus AI, Inc. (NASDAQ: TEM), Hims & Hers Health, Inc. (NYSE: HIMS). Grand View Research concluded: 'Telehealth services are rapidly expanding, particularly in cardiology, behavioral health, radiology, and online consultations. This growth is fueled by a surge in startup funding and the introduction of new solutions and services, especially those designed for virtual consultations. Furthermore, integrating artificial intelligence and machine learning algorithms enhances the personalization of healthcare services. In addition, favorable government initiatives promoting telehealth adoption drive the market. The telehealth market in the U.S. accounted for the largest market revenue share in North America in 2024, owing to innovative software development, advanced healthcare management, and the presence of several market players operating across segments, such as mobile and network operations. Increasing awareness regarding the availability of digital health solutions, such as mHealth and telehealth, is driving their adoption rate.' Treatment AI Inc. (OTCQB: TREIF) (CSE: TRUE) News: EngageWell, Rocket Doctor, and CVS Health Foundation Launch Virtual Healthy Aging Program for Adults over 60 – Backed by $1 million in funding from the CVS Health Foundation, the pilot initiative offers free, virtual health screenings to support aging with confidence, care, and convenience Health checks include assessments for heart health, memory, cognitive function, and mental health No travel required — all appointments are virtual and confidential Community Health Workers provide personalized follow-up support and connect patients to local resources The program is now available in New York City, with plans to expand throughout 2025 Free for patients on Medicaid, covered by insurance for patients on Medicare AI Inc. (Frankfurt: 939) (the 'Company' or 'Treatment') is pleased to announce that building off their successful graduation from AARPs AgeTech Accelerator, its subsidiary, Rocket Doctor Inc., has partnered with EngageWell IPA in a program funded by CVS Health (NYSE: CVS) Foundation to launch the Healthy Aging Program — a new pilot initiative offering virtual health screenings for adults aged 60 and older across New York City. Funded through a 5-year, $1M grant from the CVS Health ® Foundation, EngageWell and Rocket Doctor's program is designed to support older adults in maintaining their health and independence. It offers confidential virtual assessments that screen for common health concerns related to aging, including heart health, memory and brain function, and mental well-being. Board-certified physicians conduct consultations via phone or video and develop personalized follow-up care plans. Community Health Workers are also available to help patients connect with the telehealth provider and with necessary follow-up care. 'Aging shouldn't mean losing access to care, it should mean getting the support you need, wherever you are,' said Dr. William Cherniak, Founder and CEO of Rocket Doctor. 'We're proud to again partner with EngageWell to bring high-quality, proactive care directly into the homes of older adults across New York City. We're equally thrilled that the CVS Health Foundation is funding EngageWell to implement this important program.' Participants who complete their screenings receive valuable health information, a physician consultation, and can receive up to $45 in gift cards. No insurance is required for patients on Medicaid, and is accepted for patients on Medicare. The entire process is designed to be simple, supportive, and stress-free. 'Too often, older adults who face language barriers, low health or digital literacy, or systemic inequities are left to navigate fragmented healthcare systems on their own,' said Christopher Joseph, Executive Director of EngageWell IPA. 'Through the Healthy Aging Program, we're not just delivering services - we're building a care model rooted in dignity, cultural relevance, and trust. By combining community-based outreach with user-friendly technology, we're bridging gaps and creating lasting pathways to better health for aging New Yorkers.' The program is now live and being offered in partnership with community-based organizations and care navigators throughout New York City. By combining technology, human connection, and wrap-around support, the Healthy Aging Program helps ensure older adults stay healthy, informed, and in control of their care, without ever needing to leave home. CONTINUED … Read this full press release and more news for AI at: Other recent developments in the healthcare industry of note include: CVS Health ® (NYSE: CVS) has recently announced the opening of its new Workforce Innovation and Talent Center (WITC) in Chicago. The center, situated at the Chicago Baptist Institute, will improve the community's access to workforce training services and provide every participant who completes the program an opportunity to apply for a position at CVS Health. The WITC will transform lives in the Chicago community, like that of Catrina Malone. Her journey began when she attended an informational session while pursuing a film career. Now, as a pharmacy technician at CVS Health, Catrina shares her story: "Growing up in an unstable home environment, I faced many barriers. My mother struggled with substance abuse, and there were times when I didn't know where my next meal would come from. With the support of my legal guardian, I stayed determined to forge my own path and build a career despite the odds being against me. This new role as a pharmacy technician for CVS Pharmacy has given me just that. Through this center and the kindness of everyone here, I've felt truly encouraged and supported — and for that, I am extremely thankful." Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, recently announced earlier this year it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services. The acquisition supports the company's strategy to further enhance its leadership position in virtual mental health, including the ability for consumers served by its BetterHelp segment to access benefits coverage for mental health services. UpLift serves the health plan market and has arrangements covering over 100 million lives, a network of over 1,500 mental health professionals, important capabilities and a talented team. Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced the expansion of its care pathway intelligence platform, Tempus Next, into breast cancer. Since its launch in 2024, Tempus Next has screened thousands of patients across its network of provider sites, helping close critical care gaps for patients with lung cancer. Now, the platform will support five different biomarker testing gaps specific to breast cancer with the goal of helping physicians deliver guideline-directed medical care to eligible patients. Tempus Next supports physicians administering guideline-based care by surfacing care gaps and identifying patients who may benefit from these guideline-based suggestions. The platform integrates multimodal data available in the patient's electronic medical record (EMR) with up-to-date clinical guidelines to support providers in delivering guideline-based care. As with lung cancer, clinical guidelines around breast cancer are continually evolving, and Tempus is working to help providers keep pace, starting at Mercy, which has already integrated Tempus Next for both breast and lung cancer into its EMR system to support patient care. Mercy has over 1,000 physician practice locations and outpatient facilities, more than 5,000 physicians and advanced practitioners serving patients across Arkansas, Illinois, Kansas, Missouri and Oklahoma. Hims & Hers Health, Inc. (NYSE: HIMS) the leading digital health and wellness platform, recently announced its plans to bring its affordable, holistic weight loss program to Canada, timed with the anticipated first-ever availability of generic semaglutide anywhere in the world. This move follows the recent closing of the company's acquisition of ZAVA, the pioneering digital health platform in Europe. Almost two thirds of adults in Canada are overweight or living with obesity, yet access to proven treatments remains limited due to high costs and availability. With branded semaglutide often priced out of reach, the introduction of generics marks a pivotal moment for access to care. Hims & Hers plans to offer access to lower-cost treatment options through its digital platform, paired with 24/7 access to licensed providers and personalized, clinically backed care plans. In Canada, branded semaglutide with no surrounding clinical support currently costs more than C$200 a month. The price for generic semaglutide is expected to be available at a significant discount to the branded versions, with the prices expected to lower over time. About FN Media Group: At FN Media Group, via our top-rated online news portal at we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today's emerging companies. DISCLAIMER: FN Media Group LLC (FNM), which owns and operates and is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by AI Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 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