Semler Scientific has purchased 175 Bitcoin for $20.8 million, increasing its total holdings to 5,021 BTC, valued around $594.8 million. This purchase, funded by an ATM stock offering, demonstrates a growing trend towards Bitcoin in corporate treasuries. The company has spent $475.8 million on Bitcoin at an average cost of $94,772 per BTC, resulting in a significant unrealized gain. Semler's year-to-date BTC Yield stands at 31.3%, and it launched a Bitcoin dashboard to enhance transparency about its holdings and financial performance.
"We are witnessing the global monetization of Bitcoin as a superior form of money. The trend to adopt Bitcoin as part of corporate treasury is clearly accelerating."
"As part of its transparency efforts, Semler has launched a new Bitcoin dashboard on its website, which will regularly update market data, BTC yield, and overall holdings."
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