Semler Scientific Boosts Bitcoin Holdings with $10M Buy

Semler Scientific acquires 111 BTC for $10M, raising its total holdings to 3,303 BTC amid strong 2024 returns.

  • Semler adds 111 BTC to its balance sheet
  • Company sees 23.5% return on BTC year-to-date
  • Now holds a total of 3,303 Bitcoins

Another Major Bitcoin Investment

Semler Scientific, a Nasdaq-listed medical technology company, has made another bold move into Bitcoin. The company announced its latest purchase of 111 BTC for approximately $10 million, signaling continued confidence in the digital asset as a strategic reserve. This brings Semler’s total Bitcoin holdings to 3,303 BTC.

The company’s average return on its Bitcoin investment this year has reached an impressive 23.5%, outperforming many traditional assets in the same period. With the latest acquisition, Semler is solidifying its position among a growing list of public companies actively accumulating Bitcoin.

Strategic Bitcoin Allocation Pays Off

Semler Scientific first entered the Bitcoin space in 2024, joining other corporations like MicroStrategy in adopting BTC as a treasury reserve asset. Their strategy appears to be paying off, as Bitcoin has rallied over 20% year-to-date, supported by increasing institutional adoption, ETF inflows, and macroeconomic uncertainty.

In a statement, Semler said it believes Bitcoin “is a reliable store of value and a compelling investment asset,” reinforcing their long-term bullish outlook.

Growing Trend Among Public Companies

Semler’s move reflects a broader trend of public companies embracing Bitcoin. As inflation concerns persist and fiat currencies fluctuate, businesses are looking to hedge risk with decentralized, finite assets like BTC. With 3,303 BTC now under management, Semler is among the top corporate holders of the cryptocurrency.

Investors may view Semler’s accumulation strategy as a bullish signal—not just for the company, but for the broader Bitcoin market as institutional interest continues to grow.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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