Semler Scientific Increases Bitcoin Holdings with $88.5 Million Purchase
- Semler Scientific acquired 871 BTC for $88.5 million, averaging $101,616 per BTC.
- The company’s total Bitcoin holdings now stand at 3,192 BTC.
- Funding for the purchase came from oversubscribed convertible notes and selling part of its stake in Monarch Medical Technologies.
- The company reported a 152% “BTC Yield” since July 2024.
- Semler ranks as the 11th largest public company holding Bitcoin.
Semler Scientific has significantly increased its Bitcoin holdings to 3,192 BTC by investing $88.5 million in recent acquisitions, funded through convertible notes and asset sales. The company reports a substantial yield on its investments since mid-2024.
Source (2.6)https://decrypt.co/304545/semler-scientific-88-million-bitcoin-treasury?rand=52368