Semler Scientific, a healthcare technology firm listed on Nasdaq, has purchased an additional 297 Bitcoin (BTC) for $29.1 million as Bitcoin approaches the $100,000 mark. The company revealed its recent BTC acquisition today, coinciding with a slight drop in BTC's price from its recent peak of over $98,000. With this purchase, Semler Scientific now holds a total of 1,570 BTC, acquired for a total cost of $117.8 million. The average price of the BTC reserves is around $75,039 per Bitcoin. The latest BTC purchase took place between November 18 and November 22, with an average price of $97,995 per BTC. In addition to buying BTC, Semler Scientific reported a strong growth in its Bitcoin Yield performance, reaching 37.1% from October 1 to November 22. The company's strategic move to accumulate Bitcoin on its balance sheet has been well-received by stakeholders. Read more AI-generated news on: https://app.chaingpt.org/news
Semler Scientific Acquires 297 Bitcoin for $29.1 Million
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