Semler Scientific, a US medical technology company that previously spent $40 million (including fees and expenses) to purchase 581 bitcoins, announced on Thursday that it is increasing its cash position by an additional $17 million to acquire 247 more bitcoins.
According to the company’s press release, as of June 6, 2024, Semler Scientific holds a total of 828 bitcoins, acquired at a total cost of $57 million, including fees and expenses. The average cost per bitcoin is approximately $68,840. CEO Doug Murphy-Chutorian stated:
Furthermore, according to the S-3 filing submitted to the US Securities and Exchange Commission, Semler Scientific plans to raise an additional $150 million through corporate debt issuance, with a portion of the funds raised to be used for purchasing more bitcoins. The filing specifically emphasizes that the company has no intention of purchasing any other types of cryptocurrencies. The document states:
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…