Semler Scientific Doubles Down on Bitcoin Treasury Strategy with $17M Purchase and Plans for $150M More
Semler Scientific has announced the purchase of an additional $17 million worth of Bitcoin, bringing their total holdings to 828 BTC worth almost $59 million. The company plans to buy up to $150 million more and views Bitcoin as a compelling investment and reliable store of value. Semler Scientific is following in the footsteps of other companies, such as MicroStrategy, in adopting a strategy of buying Bitcoin for its corporate treasury.
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
IMX vs MPEPE: Here’s How Immutable X Investors Are Making Extra Profits For Investing Liquidity
Riot Platforms and Bitfarms reach settlement agreement to end acquisition bid
Bitfarms and Riot Platforms reach settlement agreement in takeover saga
Bitfarms and Riot Platforms have reached a settlement, potentially bringing an end to a takeover saga between the two Bitcoin mining firms.Under the terms of the deal, Riot is prohibited from acquiring more than 20% of Bitfarms without prior board approval.
Trending news
MoreCrypto prices
More
