Semler Scientific Initiates BTC Acquisition

June 8, 2024 Tóth Balázs

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Semler Scientific, a Nasdaq-listed medical technology company, has expanded its bitcoin holdings by purchasing an additional 247 BTC for $17 million, bringing its total to 828 BTC. The company views bitcoin as an inflation hedge and safe haven amid global instability. Additionally, Semler Scientific announced plans to raise $150 million in capital, part of which will be used to purchase more bitcoin, similar to the strategy of MicroStrategy led by Michael Saylor.

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Semler Scientific Initiates BTC Acquisition

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