Semler Scientific boosts BTC holdings with $50M purchase

Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474. 4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program source: https://cointelegraph.com/news/semler-scientific-buys-50m-worth-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound