"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding Bitcoin," said CEO Doug Murphy-Chutorian in June. "We will continue to pursue our strategy of purchasing Bitcoins with cash."
This latest buy expands Semler's total Bitcoin holdings to 1,012 BTC acquired for $68 million. The company views Bitcoin as its primary treasury asset.
Semler appears to be following MicroStrategy's Bitcoin treasury playbook. Since 2020, MicroStrategy has purchased over 225,000 bitcoins worth billions of dollars."
More firms are realizing the potential benefits of holding Bitcoin as a reserve asset and hedge against inflation, consistent with the strategies of other public companies.
[
Collection
]
[
|
...
]