• Semler Scientific increases its Bitcoin holdings to 2,084 BTC through strategic equity financing.
  • Semler’s Bitcoin strategy has achieved a 92.8% gain since May, boosting shareholder value.

Semler Scientific has made waves once more with its aggressive Bitcoin purchase approach, purchasing 211 BTC at an average price of $101,890 apiece.

With their total holdings now valued at an amazing 2,084 BTC, now worth about $168.6 million, this latest action pushes The corporation has shown the potency of Bitcoin as part of its treasury strategy by reporting a significant 92.8% increase since switching this method in May 2024.

Particularly as traditional financial markets continue to change, the increasing returns confirm the company’s concentration on using Bitcoin to enhance shareholder value.

SEMLER BUYS 211 BTC LIKE IT’S GOING OUTTA STYLE

Semler Scientific just flexed with 211 BTC bought at $101,890 each, pushing their total to 2,084 Bitcoin worth $168.6M.

They’ve been stacking up with a sick 92.8% gain since May.

It’s like they're on a crypto shopping spree, and… pic.twitter.com/nzXNJiAGIC

— Mario Nawfal’s Roundtable (@RoundtableSpace) December 16, 2024

Semler Expands ATM Program to Fund Bitcoin Accumulation 

Using revenues from its at-the-market (ATM) share issue, the healthcare technology business has been funding its Bitcoin acquisitions. Semler recently revealed a $50 million expansion for its ATM program, therefore bringing the overall sum to $150 million.

This action emphasizes the company’s dedication to making use of Bitcoin as a main asset, which has so far shown success. The corporation was able to increase its Bitcoin reserves by December 13 thanks to already raising $100 million in gross revenues from its ATM operation.

Semler’s strategy reminds one of MicroStrategy, the corporate innovator in Bitcoin accumulation. The most recent purchase of 15,350 BTC for around $1.5 billion by MicroStrategy supports a rising trend among companies toward digital asset diversification of their treasuries.

According to this tendency, Bitcoin is becoming more and more seen as a hedge against economic uncertainty, depreciation of money, and inflation. For businesses like Semler and MicroStrategy, the long-term expansion possibilities of Bitcoin fit their objectives to improve shareholder returns and strengthen their financial situation.

Apart from Semler’s business plan, the wider acceptance of Bitcoin as a reserve asset is gathering momentum all around.

Emphasizing Bitcoin’s decentralized character as a strategic economic asset, CNF previously reported that a Japanese politician has advocated building a national Bitcoin reserve. This idea fits Japan’s initiatives to provide a more friendly legal framework for blockchain technologies.

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