Semler Scientific acquires 247 bitcoins, announces $150 million raise to buy more | Headlines | News | CoinMarketCap

06/07/2024 15:35
Semler Scientific acquires 247 bitcoins, announces $150 million raise to buy more | Headlines | News | CoinMarketCap

Nasdaq-traded healthcare tech firm Semler Scientific announced Thursday that it purchased 247 bitcoins for $17 million worth of cash. It plans to …

Nasdaq-traded healthcare tech firm Semler Scientific announced Thursday that it purchased 247 bitcoins for $17 million worth of cash. It plans to raise funds worth $150 million to further increase its bitcoin holdings. 

The company has already amassed a total of 828 BTC that it acquired for an aggregate of $57 million, according to its press release. At bitcoin's current value, Semler’s BTC portfolio is worth nearly $59 million.

"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin," said Semler Scientific CEO Doug Murphy-Chutorian. “We will continue to pursue our strategy of purchasing bitcoins with cash." 

According to the firm’s S-3 filing with the U.S. Securities and Exchange Commission, Semler Scientific said …

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