Bitcoin

Million

Gains

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/semler-scientific-increases-bitcoin-holdings-to-1873-btc/" data-wpel-link="internal">Semler Scientific Increases Bitcoin Holdings to 1,873 BTC</a> 
California-based Semler Scientific has purchased an additional 303 Bitcoin (BTC) , raising its total BTC assets to 1,873 BTC. The value of the company’s Bitcoin portfolio now exceeds $184 million. 
<h2 style="text-align: justify" id="strong-total-investments-reach-184-million-strong">Total Investments Reach $184 Million</h2> 
The medical product manufacturer, listed on Nasdaq, disclosed that it bought 303 BTC in the last week of November and the beginning of December, spending a total of $29.3 million for these transactions. The company paid an average of $96,779 per Bitcoin, which increased its total holdings to 1,873 BTC. 
Semler Scientific has spent a total of $147.1 million on its 1,873 BTC portfolio, calculating an average purchase price of $78,553 per Bitcoin. The company highlights the efficiency of this strategy as a key performance indicator, expressing satisfaction with a 78.7% return since July. Eric Semler stated that the strategy provides greater value to shareholders. 
<h2 style="text-align: justify" id="strong-semler-scientific-s-bitcoin-strategy-gains-attention-strong">Semler Scientific’s Bitcoin Strategy Gains Attention</h2> 
The Bitcoin treasury strategy of Semler Scientific has attracted market attention. The company finances its Bitcoin investments through issuing new shares, thereby supporting its acquisitions financially and aligning them with company performance. 
As of the preparation of this report, the market value of the company’s Bitcoin portfolio is estimated to be $184 million, making it the 14th largest Bitcoin investor among publicly traded companies. Companies like MicroStrategy and Marathon Digital lead the list. 
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 Bitcoin Investments
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The company’s shares closed Thursday down 7.65% at $58.55, but increased by 1.3% in after-hours trading. Year-to-date, the shares have gained 32.5%, showcasing the impact of the Bitcoin strategy on the company’s performance. 
The post <a href="https://en.coin-turk.com/semler-scientific-increases-bitcoin-holdings-to-1873-btc/" data-wpel-link="internal">Semler Scientific Increases Bitcoin Holdings to 1,873 BTC</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Semler Scientific Increases Bitcoin Holdings to 1,873 BTC

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