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A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
BitcoinSistemi 2025-02-04 17:36:08

Medical Technology Company Semler Scientific Continues to Buy Bitcoin! Here's the Latest Amount of Bitcoin It Bought!

Medical Technology Company Semler Scientific Continues to Buy Bitcoin! Here's the Latest Amount of Bitcoin It Bought!

Technology company Semler Scientific announced in a statement that it has significantly expanded its Bitcoin treasury by purchasing an additional 871 BTC for $88.5 million. Semler Scientific Buys 871 More BTC for $88.5 Million, Bringing Its Holdings to 3,192 Bitcoins The purchase was funded using proceeds from a January 2025 senior convertible note offering at an average purchase price of $101,616 per Bitcoin. This latest purchase brings Semler Scientific’s total Bitcoin holdings to 3,192 BTC, acquired at a total cost of $280.4 million with an average purchase price of $87,854 per Bitcoin. According to the company’s press release, Semler Scientific’s Bitcoin return is an impressive 152.2%. This return reflects the percentage change in the ratio of Bitcoin holdings to fully diluted shares outstanding over a given period, underscoring the company’s strategic bet on Bitcoin as a major asset. Semler’s ongoing Bitcoin accumulation aligns with a growing trend toward institutional adoption of digital assets, as companies increasingly view Bitcoin as a store of value and strategic treasury reserve. The firm’s aggressive Bitcoin strategy mirrors that of other public companies like MicroStrategy, which has made headlines with significant Bitcoin investments. As Bitcoin continues to experience volatility amid changing macroeconomic conditions, Semler Scientific’s bold moves highlight the growing intersection between traditional finance and the crypto ecosystem. *This is not investment advice. Continue Reading: Medical Technology Company Semler Scientific Continues to Buy Bitcoin! Here's the Latest Amount of Bitcoin It Bought!

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Market Cap
24h Vol
60.37%
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602
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