Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC
The post Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC appeared first on Coinpedia Fintech News
Medical device company Semler Scientific revealed it now holds 1,058 BTC, worth approximately $71.4 million, after purchasing an additional 47 BTC for $3 million in August. This increase aligns with the company’s strategy to boost stakeholder value through Bitcoin acquisitions funded by operational cash flow and its stock sale program. Despite a 17% revenue decrease to $13.5 million in Q3, net income rose slightly to $5.6 million. Semler’s focus on healthcare advancements and Bitcoin investments reflects its dual commitment to growth in the medical and crypto spaces.
