PANews reported on August 26 that according to PRNewswire, Semler Scientific, a US medical technology listed company, announced that it had purchased an additional 83 bitcoins for $5 million in cash. As of August 26, 2024, the company held a total of 1,012 bitcoins with a total investment of $68 million. Eric Semler, chairman of Semler Scientific, said that the company used operating cash and stock market financing to purchase bitcoins, and was encouraged by the growing acceptance of bitcoin by institutional investors, believing that this trend would increase bitcoin prices and shareholder value. Semler Scientific has made bitcoin its main financial reserve asset.