Prior to spending $40 million (including fees and expenses) to purchase 581 bitcoins, the US medical technology company Semler Scientific announced on Thursday that it is further investing $17 million in cash to acquire an additional 247 bitcoins.
According to a press release from the company, 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 comes to approximately $68,840. Doug Murphy-Chutorian, CEO of Semler Scientific, stated:
Furthermore, according to the S-3 filing submitted to the US Securities and Exchange Commission by the company, Semler Scientific plans to raise an additional $150 million through corporate bonds, with a portion of the funds raised being used to purchase more bitcoins. The filing specifically emphasizes that the company has no intention of purchasing other types of cryptocurrencies. The document states:
