Semler Scientific Expands Bitcoin Holdings to 1,273 BTC After Recent Purchase
Semler Scientific has increased its Bitcoin holdings by acquiring 215 BTC, valuing the total at approximately $114 million.
Semler Scientific has expanded its Bitcoin holdings by acquiring 215 BTC for $17.7 million, averaging around $82,502 per Bitcoin. The company now holds a total of 1,273 BTC, equivalent to roughly $114 million at current prices.
The announcement revealed that Semler achieved a BTC Yield of 37.3% since adopting its treasury strategy earlier in the year. This recent acquisition is part of an ongoing trend, with multiple companies announcing significant Bitcoin purchases on the same day.
Key Points:
- 215 BTC purchased for $17.7 million.
- Achieved a BTC Yield of 37.3%.
"We have achieved a BTC Yield of 37.3% since adopting our bitcoin treasury strategy in the second quarter of this year," said Eric Semler, chairman of Semler Scientific. "We believe this demonstrates substantial bitcoin accretion for our stakeholders."
Semler's strategic shift toward Bitcoin aims to enhance shareholder value and establish a solid foothold in the cryptocurrency market.
For more details, visit CoinDesk.
