Semler Scientific now holds 828 Bitcoin and has $150M plan to buy moreThe medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”Nasdaq-listed medical manufacturer Semler Scientific — which made headlines last month for adding Bitcoin (BTC) to its treasury — has bought another $17 million worth of the asset and may raise up to $150 million to buy more.The firm’s latest Bitcoin purchase was revealed in an S-3 filing to the United States securities regulator on June 6. After making its first 581 Bitcoin purchase on May 28, it now holds 828 Bitcoin, worth over $58.5 million."[It underscores] our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1717860266067-YAKIHONNES3.webp
Semler Scientific has announced plans to raise up to $150 million through debt securities. A portion of these funds will be allocated to further Bitcoin acquisitions. The company has expressed a strong belief in Bitcoin as a reliable store of value and a hedge against inflation, particularly amid global economic uncertainties. Semler's CEO emphasized that the firm intends to continue purchasing Bitcoin exclusively, with no plans to invest in other cryptocurrencies .