6D
...
Bitcoin’s market presence is strengthening as major institutions and crypto enthusiasts rally behind it. On December 16, 2024, Semler Scientific, a leader in medical technology, significantly expanded its BTC portfolio with a $21.5 million investment for 211 BTC, as confirmed by chairman Eric Semler. This strategic move aligns with their robust treasury strategy, following MicroStrategy’s massive acquisition of 15,350 BTC.
The company’s recent purchase, priced at $101,890 per BTC, builds on a lucrative quarter, yielding a 67.00% return and a striking 92.8% since May 2024. This aggressive investment strategy showcases Bitcoin’s potential as a stable asset for corporate treasuries, bolstering investor confidence across the sector.
With this acquisition, Semler Scientific’s total BTC count climbs to 2,084, costing an average of $80,916 each. This aggressive accumulation over the past two months underscores a broader trend: as more giants like Semler bet big on Bitcoin, its market value continues to climb, signaling a robust future for cryptocurrencies.
