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Home » Typography Elements » Semler Scientific Acquires 247 BTC for 17 Million Plans to Increase Holdings
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Semler Scientific Acquires 247 BTC for 17 Million Plans to Increase Holdings

By adminJun. 6, 2024No Comments2 Mins Read
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Semler Scientific Acquires 247 BTC for 17 Million Plans to Increase Holdings
Semler Scientific Acquires 247 BTC for 17 Million Plans to Increase Holdings
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Breaking News: Semler Scientific, a listed medical device manufacturer, has purchased an additional 247 BTC for $17 million. The company is also planning to raise $150 million to buy more. In May, they announced the purchase of $40 million worth of Bitcoin, causing their stock price to rise by 25%.

Documents show that as of June 6, 2024, Semler holds a total of 828 BTC, acquired for $57 million. As of the end of 2023, the total cash and cash equivalents on their balance sheet amounted to $57 million.

On the same day, SMLR closed down 2.5% during the U.S. trading session.

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Semler Scientific
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Source Link:
https://www.coindesk.com/markets/2024/06/06/medical-device-maker-semler-scient…

Note: All articles on Bitpush are for informational purposes only and do not constitute investment advice.

Original Link:
https://www.bitpush.news/articles/6850445

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