Semler Scientific invests $114.8 million to acquire 455 Bitcoin, increasing its total holdings to 4,264 BTC, making Bitcoin its primary treasury asset.
BTC bought at an average price of about $109,801 each through an ATM stock program, despite a $64.7 million net loss and a $30 million legal settlement.
Semler remains committed to BTC, appointing a Bitcoin advocate to chair its new Bitcoin Strategy Committee.
The bold move by Semler Scientific to increase Bitcoin holdings has garnered attention in the healthcare technology sector and broader financial and cryptocurrency communities.