Semler Scientific Doubles Down on Bitcoin with $50 Million Purchase

Medical technology company Semler Scientific has invested another $50 million into Bitcoin, acquiring 455 BTC at an average price of $109,801 per coin. This brings their total Bitcoin holdings to 4,264 BTC, with a current value estimated at $450 million. The company’s recent investment highlights the growing trend of non-crypto firms diversifying into Bitcoin as a potential hedge against inflation and growth strategy. Semler Scientific has long been known for its health-focused software products but this bold move into the crypto space signals a shift in their priorities.