An increasing number of micro-cap companies are turning to Bitcoin to boost their struggling stock prices. Semler Scientific, a medical technology company, brought in an activist hedge fund manager to use its cash to buy Bitcoin after facing difficulties in late 2021. Since then, Semler's stock has risen by 112% and the company has accumulated 1,570 tokens worth $149 million. Other companies, such as Metaplanet and Genius Group, have also pivoted to a "Bitcoin-first" strategy and seen significant stock surges. Despite some skepticism, more companies are joining the trend as the price of Bitcoin continues to rise.

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