Semler Scientific buys $17M more bitcoin, plans to raise $150M for further purchases
Healthcare company Semler Scientific has announced plans to raise $150m to buy more bitcoin, following a $17m purchase of the cryptocurrency. Semler currently holds 828 bitcoins, acquired for $57m and now worth $59m. The company's CEO, Doug Murphy-Chutorian, said bitcoin was a "compelling investment" and "reliable store of value". Publicly listed firms hold a total of 308,442 BTC worth around $21.8bn on their balance sheets, according to bitcointreasuries.net. Semler's May announcement of a $40m bitcoin purchase drove its stock up 25%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mpeppe (MPEPE)’s New Game Has Skyrocketed Their Popularity As Solana Holders Join The Presale
Big Competition Ahead For FLOKI and Dogecoin As Gambling Coin Mpeppe (MPEPE) Releases a New Game
Dogecoin Holder Flock To AI Gambling Token Mpeppe (MPEPE) As They Launch Their New Game
FLOKI Whale Doubles Their Mpeppe (MPEPE) Holding Amid The Launch Of Their New GAME LIVE NOW