According to Foresight News, medical device manufacturer Semler Scientific (SMLR) saw a 25% increase in its stock price during early trading hours on Tuesday in the US, following the disclosure of its purchase of 581 Bitcoins, now valued at $28.18 each.
In a previous report, Semler Scientific announced that it had adopted Bitcoin as its primary treasury reserve asset. The company disclosed that it had purchased 581 Bitcoins, with a total value of $40 million.