Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842

Share This Post

Quick Take

MicroStrategy was the first publicly traded company in the US to acquire Bitcoin and use it as a treasury asset, beginning this practice in August 2020. Since then, the company has amassed 214,400 BTC. A key metric for MicroStrategy is “BTC per Share,” which indicates the amount of Bitcoin each outstanding share of the company equates to, reflecting the Bitcoin exposure per share. Currently, MicroStrategy’s BTC per share stands at 0.01209 BTC, according to mstr-tracker, a crucial figure that shareholders monitor to ensure increasing Bitcoin value per share.

MSTR BTC per share: (Source: mstr-tracker)
MSTR BTC per share: (Source: mstr-tracker)

Following MicroStrategy, Tesla exhibited fluctuating involvement with Bitcoin. However, a second US publicly traded company, Semler Scientific, has recently adopted Bitcoin as a reserve asset. This announcement on May 28 has led to a 38% surge in Semler Scientific’s share price over the past five days. With a market capitalization of approximately $227 million, the company purchased $40 million worth of Bitcoin. With 6.9 million shares outstanding, Semler Scientific now has a BTC per share of 0.0000842. This metric will be crucial for assessing the company’s Bitcoin exposure per share.

The post Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842 appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Macro Trend Oscillator Shows Green Might Be On The Horizon

Ethereum’s price action may have struggled to gain traction in recent weeks, but an interesting long-term macro indicator is showing signs of early recovery beneath the surface Particularly, a

XRP Price Analysis: Can Rising Adoption of RLUSD Curb XRP Drop to $2 Again?

The post XRP Price Analysis: Can Rising Adoption of RLUSD Curb XRP Drop to $2 Again appeared first on Coinpedia Fintech News The XRPL’s on-chain activity has significantly benefited from the rising

Coinshares: Digital Asset Investments Record Staggering $5.5 Billion Inflow Over 3 Weeks

Digital asset investment products saw a surge in momentum, with $2 billion in weekly inflows pushing the 3-week total to $55 billion Bitcoin led the charge, while ethereum, XRP, and tezos also gained

UAE to Teach AI From Kindergarten to 12th Grade

Starting next year, schools in the United Arab Emirates (UAE) will introduce artificial intelligence (AI) as a subject for students from kindergarten to 12th grade Fostering Awareness of Ethics of

XRP trading volume steady at $3.2B in Q1, but XRPL activity contracts sharply

Ripple’s XRP trading volume on top-tier exchanges throughout the first quarter, with average daily volume (ADV) holding nearly $32 billion, while XRP Ledger (XRPL) activity decreased According to a

DeFi Development Corp. Acquires Solana Validator Business for $3.5M

DeFi Development Corp (Nasdaq: DFDV), a real-estate software firm and Solana-focused treasury company, announced Monday it has agreed to acquire a Solana validator business with an average delegated