Bitcoin: The New Gold Rush Sweeping Corporate America!
In an explosive twist, Bitcoin has shattered its former image as a mere digital gamble, gaining mainstream legitimacy and even winning over the mighty U.S. Securities and Exchange Commission (SEC)! With trailblazing spot Bitcoin exchange-traded funds (ETFs), like BlackRock’s iShares Bitcoin Trust, the crypto world is roaring into the spotlight like never before! What was once dismissed as a fad during MicroStrategy’s Bitcoin binge in 2020 has morphed into a masterstroke for skyrocketing shareholder value and combatting inflation!
Money Mania: Meme Stocks Join Forces with Bitcoin!
Forget the past—2021’s meme stock frenzy catapulted AMC Entertainment into the limelight, right alongside GameStop! And guess what? GameStop was eyeing Bitcoin to fatten its balance sheet before AMC jumped on this electrifying bandwagon!
Now, businesses far beyond tech are joining the Bitcoin revolution, swapping cash reserves for crypto gold! Buckle up as we unveil three bold companies reaping massive rewards by embracing Bitcoin!
1. Alliance Resources: From Fossil Fuels to Crypto Fortune!
The coal industry may be facing backlash, but Alliance Resource Partners LP is flipping the script! As the largest coal producer in the Eastern U.S., they’re diversifying into Bitcoin mining—turning idle electricity into a jackpot! This coal giant has been pulling the Bitcoin levers since late 2020, and guess what? By April 2024, they raked in a staggering $30 million in mined Bitcoin!
Shocking Earnings Reveal!
But how’s the rest of their empire faring? On February 3, 2025, the company announced a dismal earnings per share of only 12 cents, falling woefully short of expectations. Revenues slipped by 5.65% year-on-year, pulling in $590 million—yeah, they missed the mark by a whopping $45 million!
Big Dividends on the Line!
Despite the ups and downs, Alliance splashed out a jaw-dropping 10.5% annual dividend yield as of February 21, 2025! The Bitcoin move wasn’t just a gimmick; four years in, they’re proving their crypto chops and shaking up shareholders’ pockets!
2. Semler Scientific: From Life-Saving Tech to Bitcoin Bonanza!
Meet Semler Scientific, creators of the QuantaFlo PAD device for checking blood flow in patients. But don’t let that fool you; they’re diving into the Bitcoin pool with both feet! In May 2024, Semler made Bitcoin its primary treasury reserve asset, banking on it as a reliable treasure trove!
Bitcoin: Their Secret to Soaring Stocks!
Their gamble paid off—stock prices skyrocketed from around $26 to an explosive $81.56 within just months! Semler’s CEO credits this strategy to MicroStrategy, and the results are undeniable: 3,192 Bitcoins in their vault now, with yields hitting a mind-blowing 107% since mid-2024!
3. MOGO: Fintech Powerhouse Takes a Bold Bitcoin Leap!
Last but not least, let’s talk about Mogo, the Canadian fintech marvel! This self-directed investing app has boldly approved up to $5 million in Bitcoin investments on March 7, 2024—a move that briefly sent stocks soaring before they fizzled out!
Crypto Investments Making Waves!
Mogo’s financial report was a rollercoaster! Although they faced a loss and didn’t reveal their Bitcoin stack, they proudly flaunted that their crypto-related investments now represent a hefty 42% of their share value! With 2.17 million members and almost $3 billion processed through payments, Mogo is making waves in the crypto universe!
Get ready, folks—corporate America is diving deep into the Bitcoin craze, and you won’t want to miss it!
