Semler Scientific Acquires 455 BTC in $50 Million Purchase
- Semler Scientific expanded its Bitcoin holdings by acquiring 455 BTC.
- The purchase was valued at approximately $50 million.
- The acquisition increased the company’s total Bitcoin holdings to 4,264 BTC.
- The total value of Semler’s Bitcoin is around $474 million as of late May.
- The average purchase price was $109,801 per BTC, including fees and expenses.
- A legal investigation is underway regarding potential federal securities law violations by the company.
Semler Scientific’s recent acquisition of 455 BTC for about $50 million brings its total holdings to 4,264 BTC, valued at approximately $474 million. The purchase was funded through a stock sale program, with an average cost of $109,801 per Bitcoin. A legal investigation into potential securities law violations is ongoing.
Source (2.6)https://hodl.press/semler-scientific-acquires-455-btc-worth-50-million/?rand=24434