Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC

Share This Post

Bitcoin Bull Run

The post Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC appeared first on Coinpedia Fintech News

Medical device company Semler Scientific revealed it now holds 1,058 BTC, worth approximately $71.4 million, after purchasing an additional 47 BTC for $3 million in August. This increase aligns with the company’s strategy to boost stakeholder value through Bitcoin acquisitions funded by operational cash flow and its stock sale program. Despite a 17% revenue decrease to $13.5 million in Q3, net income rose slightly to $5.6 million. Semler’s focus on healthcare advancements and Bitcoin investments reflects its dual commitment to growth in the medical and crypto spaces.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

From Crypto Gains to Timeless Treasures: Bitcoiners Embrace Luxury Watches

Just recently, a new wave has emerged—a slew of bitcoiners are channeling their digital wealth into luxury timepieces, with brands like Rolex taking center stage Rolex, Audemars Piguet, and

Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst

Recent market price action in the past 48 hours has brought up bullish talks for cryptocurrencies, with assets like Solana taking up center stage In the case of Solana, crypto analyst Ali Martinez

South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities

A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities Suspicous Transactions A South African law enforcement

Bitcoin STH Demand On The Rise – Key Price Levels To Watch

Following a mild price rebound in the past week, Bitcoin (BTC) has surged above 98,000 with the market bulls aiming for a return to the $100,000 price zone Interestingly, a report from CryptoQuant

Bitcoin Hashrate Hits New All-Time High — Can Price Reclaim $100,000?

According to recent blockchain data, the Bitcoin hashrate has been on the rise as it touched a new all-time high on Friday, January 3rd, 2025 This new peak comes as the premier cryptocurrency

Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day

On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day Approximately $90810 million was poured into these ETFs, with dominant