Semler Scientific Increases Its Bitcoin Asset to 828 BTC, Plans Future Investment of 150 Million Dollars!
California-based health technology company Semler Scientific recently purchased another 247 BTC for $17 million including fees and expenses.
As of June 6, 2024, the company holds 828 Bitcoins, worth a total of $57 million, including expenses and fees.
Semler aims to raise $150 million to buy more Bitcoin in the future, reflecting his aggressive crypto investment strategy.
Health technology company Semler Scientific plans to build a $150 million BTC war chest by continuing its aggressive Bitcoin buying strategy.
Preparations for $150 Million Bitcoin War Chest
Semler Scientific announced that it aims to raise $150 million to buy more Bitcoin. The Nasdaq-listed company sees Bitcoin as a potentially high-return asset, calling it “digital gold” due to its unique properties and growing global adoption.
The company makes it clear that it does not plan to invest in other cryptocurrencies while focusing on Bitcoin. This strategy highlights their belief in Bitcoin's unique properties and the differences that differentiate it from fiat money and other digital assets. CEO Doug Murphy-Chutorian emphasized the importance of this approach in increasing shareholder value through strategic Bitcoin purchases.
