Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain

Description

Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks. According to a Feb. 4 press release , Semler purchased Bitcoin between Jan. 11 and Feb. 3 at an average price of $101,616 per BTC. The firm’s Bitcoin treasury strategy, which began last year, has yielded a 152% return since July 1. So far in 2024, it has recorded a 22% gain. Semler Holds 3,192 BTC As of Feb. 3, Semler holds 3,192 BTC, acquired at a total co...