Semler Scientific Doubles Bitcoin Holdings with $50 Million Investment

Healthcare tech company Semler Scientific significantly increased its Bitcoin holdings by purchasing 455 BTC worth approximately $109,801 per coin, bringing their total to 4,264 BTC. This strategic move follows a trend of companies diversifying their treasury assets with Bitcoin, similar to industry leader MicroStrategy. Eric Semler, Chairman of Semler Scientific, highlighted the firm’s commitment to incorporating digital assets into its financial strategy. He noted that proceeds from an equity offering program facilitated this acquisition. Semler’s investment yielded a 25.8% return year-to-date, demonstrating Bitcoin’s potential as a valuable asset in corporate portfolios. The company joins a growing cohort of businesses embracing Bitcoin as a strategic component of their financial strategy.