LATEST: Healthcare Firm Semler Scientific Buys $40M Bitcoin for Treasury

Semler Scientific Inc., a pioneer in healthcare technology, in its official press release, announced that it has approved bitcoin as its primary treasury reserve and has made a $40 million purchase into a total holding of 581 bitcoins in an acquisition. This strategic buy, made in due belief for contentment in its stability and results, echoes with the latest regulatory advance—authorization by the SEC for over $13 billion investments in bitcoin ETFs.

As Semler confidently believes, bitcoin equals a store of value, and surely, it is bound to be the most valuable digital asset because its repository is of better investment qualities than the conventional gold ever had. Semler Scientific believes it means the significant part of future returns from this digital gold lies ahead.

In this strategic financial realignment, Semler still maintains its primary medical services, emphasizing the sale and development of its QuantaFlo® product in cardiovascular health to assure health care advances continue to rise.

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