As of November 4, Semler holds 1,058 bitcoin, having purchased an additional 47 BTC for $3 million since its last acquisition disclosure.
We are capitalizing on the opportunity to maximize stakeholder value by accumulating bitcoin,” said Eric Semler. The firm plans to use cash from operations for more bitcoin purchases.
Semler has raised approximately $2.5 million from selling 86,734 shares under its $50 million ATM program, enhancing its capacity to acquire bitcoin.
The company's total investment in bitcoin has reached $71 million, currently reflecting a worth of about $71.4 million at bitcoin's current price.
Collection
[
|
...
]