Prior to this, Semler Scientific, a US medical technology company, which spent $40 million (including fees and expenses) to purchase 581 bitcoins, announced on Thursday that it would further increase its cash holdings by $17 million to acquire an additional 247 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, with an average cost of approximately $68,840 per bitcoin. CEO Doug Murphy-Chutorian stated:
Furthermore, according to the S-3 filing submitted to the US Securities and Exchange Commission, Semler Scientific indicated its intention to raise an additional $150 million through corporate debt, with a portion of the funds raised planned to be used for further bitcoin purchases. The filing specifically emphasized that the company does not intend to purchase any other types of cryptocurrencies. The document stated: