Semler Scientific, a US medical tech company, just added another $50 million worth of Bitcoin to its collection.
A Massive Bitcoin Purchase
Between May 13th and 22nd, the company snapped up 455 Bitcoin at an average price of $109,801 per coin (including fees). This brings their total Bitcoin holdings to a whopping 4,264 BTC.
A Growing Bitcoin Portfolio
Semler Scientific originally purchased this Bitcoin for a total of $390 million, averaging $91,471 per BTC. With Bitcoin’s current price around $107,322, their Bitcoin is now worth over $457.6 million – a significant return on their investment. This impressive growth represents a 25.8% year-to-date yield for the company.
Among the Top Bitcoin Holders
This latest purchase puts Semler Scientific in the top 13 companies globally in terms of Bitcoin ownership, according to BitcoinTreasuries.net. They were one of the first publicly traded companies in the US to adopt a Bitcoin treasury policy (May 2024), following MicroStrategy, which remains the largest corporate Bitcoin holder.
Disclaimer: This information is for general knowledge only and is not financial advice. Investing in Bitcoin is risky, and you could lose money. Always do your own research before making any investment decisions.
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