Nasdaq-listed medical manufacturer Semler Scientific, known for adding Bitcoin to its treasury, recently purchased an additional $17 million worth of the cryptocurrency. The company disclosed this purchase in an S-3 filing on June 6, bringing its total Bitcoin holdings to 828, valued at over $58.5 million. Semler also announced plans to potentially raise $150 million to acquire more Bitcoin. CEO Doug Murphy-Chutorian emphasized Bitcoin as a key investment strategy alongside the healthcare business, citing its potential as a hedge against inflation and global instability. The firm believes in Bitcoin's digital resilience over gold and anticipates significant returns as it gains recognition as 'digital gold.' Metaplanet, a Japan-based investment firm, has also embraced Bitcoin, following a similar investment approach to MicroStrategy. Their recent Bitcoin purchases have led to notable stock performance on the Tokyo Stock Exchange. Read more AI-generated news on: https://app.chaingpt.org/news