Semler Scientific, a publicly traded company, has recently purchased 165 bitcoins at an average price of $94,931 each, increasing its total holdings to 3,467 BTC, valued at around $330.6 million. This acquisition was facilitated by proceeds from its ATM equity offering program, which raised about $19.5 million. Since beginning its Bitcoin accumulation in May 2024, Semler has used various financing methods to build its position. This move reflects a broader trend of institutional confidence in Bitcoin as a treasury reserve, particularly evident with the growth of regulated investment vehicles like Bitcoin ETFs.
Semler Scientific purchased 165 bitcoins at $94,931 each, bringing its total to 3,467 BTC, valued at approximately $330.6 million.
Holding Bitcoin stands testament to growing institutional confidence in it as a treasury reserve asset, especially with spot Bitcoin ETFs booming.
#bitcoin-accumulation #institutional-investment #treasury-asset-management #semler-scientific #public-company
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