Semler Scientific Acquires Another $6 Million in Bitcoin, Expanding Its Holdings

IconCryptoNewsTerminal Staff05 Aug, 2024

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Semler Scientific Acquires Another $6 Million in Bitcoin, Expanding Its Holdings

Semler Scientific, a Nasdaq-listed company, has recently expanded its Bitcoin (BTC) holdings by an additional $6 million. This latest purchase brings the company's total BTC investments to a substantial 929 BTC. Semler's strategic acquisition aligns with the company's long-term commitment to digital asset investments. In May of last year, Semler initiated its BTC acquisition strategy, demonstrating its belief in the potential of digital currencies. The company's subsequent purchases indicate a steadfast conviction in the growth and adoption of Bitcoin. Semler's strategic investments in BTC underscore the increasing recognition of digital assets as a valuable asset class among institutional investors.