Semler Scientific, a US-listed company, increased its holdings of 303 bitcoins, bringing its total holdings to 1,873 bitcoins
On December 5th, Nasdaq-listed medical technology company Semler Scientific (SMLR) announced the purchase of 303 bitcoins at an average price of $96,779, with a total value of $29.3 million. As of December 4th, the company held 1,873 bitcoins with a total investment of approximately $147.1 million and an average holding cost of $78,553.
The company raised $79.8 million through ATM stock issuance. Since adopting a bitcoin reserve strategy in May of this year, the company's bitcoin investment yield has reached 78.7%. The company's chairman, Eric Semler, stated that stock option trading has been applied for.
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.
You may also like
Trump Proposes America-First Crypto Reserve with US Coins
Former President Donald Trump is making waves in the cryptocurrency world once again, with plans to propose an "America-first" crypto reserve
Solana’s New Chapter: Smarter Emissions for a Thriving Network
As Solana grows up, its stakers are seeing more bang for their buck.
Tether Launched USDT0: Expanding Cross-Chain Access
Tether is revolutionizing digital currencies with the launch of USDT0.
PumpFun Corp Faces Legal Battles Over Alleged Securities Violations and Meme Token Scandals