Semler Scientific expands bitcoin holdings to 2,321 BTC with latest $23 million purchase
Semler Scientific has purchased 237 additional bitcoin for $23.3 million.The company now holds 2,321 BTC.
Nasdaq-listed healthcare tech firm Semler Scientific purchased 237 additional bitcoin for $23.3 million over the course of four weeks, as the company remains bullish on the world's largest cryptocurrency.
Semler disclosed on Monday that between Dec. 16, 2024 to Jan. 10, it had acquired 237 bitcoin with funds generated from at-the-market offering and operating cash flow. The average price of these purchased bitcoin was $98,267.
With the recent purchase, Semler held 2,321 bitcoin as of Jan. 10, acquired for an aggregate $191.9 million at an average price of $82,687 per bitcoin. These bitcoin assets are worth roughly $221 million at current market prices.
According to BitcoinTreasuries.com, Semler Scientific is the 13th largest public corporate holder of bitcoin. MicroStrategy currently owns the largest corporate bitcoin treasury, with 450,000 BTC under its belt.
Semler's stock rose 2.61% to $52.7 at closing on Monday, but fell 0.85% in after-hours trading, according to Google Finance .
Meanwhile, bitcoin rose 0.55% to trade at $94,747 at around 2:00 p.m. in Hong Kong, The Block’s bitcoin price page showed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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