🚀🚀 Breaking News! Semler Scientific (SMLR), a medical company listed on NASDAQ, has announced its decision to adopt Bitcoin as its "primary treasury reserve asset". The company has initiated its plans with a purchase of 581 BTC at a cost of $40 million. This move sparked a surge in SMLR stock, which skyrocketed by 38% to a high of $33.25! 💹💹

Chairman Eric Semler stated, "Bitcoin is now a major asset class with more than $1 trillion of market value. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability." 🌐💰

Semler Scientific acknowledges Bitcoin as "digital gold", noting its limited supply and digital nature that makes it easier to move. Semler added, "Given the gap in value between gold and bitcoin, we believe that bitcoin has the potential to generate outsize returns." 📈🔝

This move mirrors the strategy of MicroStrategy, which has accumulated over 214,000 BTC on its balance sheet since August 2020, leading to a surge in its stock price by over 1000%. 🚀🚀

Stay tuned for more updates on this exciting development! 🎉🎉