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Semler Scientific Buys 83 Bitcoins for $5M, Plans $150M Raise

Semler Scientific, a Nasdaq-listed healthcare technology company, has expanded its Bitcoin holdings by purchasing an additional 83 Bitcoins for $5 million
By: DeepNewz • August 26, 2024
Semler Scientific Buys 83 Bitcoins for $5M, Plans $150M Raise

Semler Scientific, a Nasdaq-listed healthcare technology company, has expanded its Bitcoin holdings by purchasing an additional 83 Bitcoins for $5 million.

This acquisition brings the company's total Bitcoin holdings to 1,012 Bitcoins, valued at approximately $65 million as of August 26, 2024. Since adopting a Bitcoin treasury strategy on May 28, 2024, Semler Scientific has invested $68 million in Bitcoin. The company has also filed to raise $150 million to potentially increase its Bitcoin investments further.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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