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Semler Scientific Boosts Bitcoin Holdings, Surpassing Traditional Strategies

CFN Feature Crypto
  • Semler Scientific purchased 303 BTC for $29.3M, achieving a 54.7% yield quarter-to-date with its Bitcoin-focused treasury strategy.  
  • With 1,873 BTC holdings, Semler Scientific reports a $44.6M profit, showcasing the profitability of its cryptocurrency investments.  
  • Corporate Bitcoin adoption gains traction as companies like MicroStrategy and Metaplanet expand their portfolios, highlighting digital assets’ growing appeal. 

Semler Scientific, a California-based medical technology company, has significantly expanded its Bitcoin holdings. As its chairman and founder, Eric Semler, announced in a recent post on X, the company purchased 303 BTC for approximately $29.3 million. 

Average Cost and Yield Highlights

This recent acquisition was made at an average cost of $96,799 per Bitcoin. Notably, since this purchase, Semler Scientific has reported a Bitcoin yield of 54.7% quarter-to-date (QTD). Since adopting Bitcoin as part of its treasury strategy in May, its cumulative yield has reached 78.7%.  

Semler Scientific’s total Bitcoin holdings now stand at 1,873 BTC, acquired for $147.1 million. The average purchase price across these holdings is $78,553 per Bitcoin. With Bitcoin currently trading at $102,411, the company has already secured a profit of $1.7 million on its latest 303 BTC purchase. Furthermore, its total Bitcoin holdings now show an impressive profit margin of $44.6 million, highlighting the effectiveness of Bitcoin as an investment strategy.  

Bitcoin Outpaces Traditional Strategies

The company’s approach mirrors the Bitcoin-focused treasury strategy employed by MicroStrategy, a leading business intelligence firm. MicroStrategy recently added 15,400 BTC worth approximately $1.5 billion, bringing its total holdings to 402,100 BTC, equivalent to 2% of the total Bitcoin supply.  

Michael Saylor, MicroStrategy’s executive chairman, remains a strong advocate for Bitcoin adoption. He recently presented to Microsoft’s Board of Directors, emphasizing Bitcoin’s role in outperforming traditional stock investments. Similarly, Japanese company Metaplanet has joined the trend, raising its Bitcoin holdings to 1,018 BTC as of October.  

Semler Scientific’s Future Outlook 

Semler Scientific’s growing Bitcoin portfolio underscores a broader trend among corporations seeking to diversify and enhance their financial strategies. By leveraging Bitcoin, the company has demonstrated how digital assets can drive profitability and surpass traditional treasury practices.  

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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