{"id":13888,"date":"2024-05-28T19:37:03","date_gmt":"2024-05-28T16:37:03","guid":{"rendered":"https:\/\/forklog.com\/en\/semler-scientific-acquires-581-btc-shares-surge-by-28\/"},"modified":"2024-05-28T19:37:03","modified_gmt":"2024-05-28T16:37:03","slug":"semler-scientific-acquires-581-btc-shares-surge-by-28","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/semler-scientific-acquires-581-btc-shares-surge-by-28\/","title":{"rendered":"Semler Scientific Acquires 581 BTC, Shares Surge by 28%"},"content":{"rendered":"<p>Semler Scientific, a company specializing in medical technologies, has announced the acquisition of 581 BTC valued at $40 million, according to a <a href=\"https:\/\/ir.semlerscientific.com\/news-releases\/news-release-details\/semler-scientificr-announces-bitcoin-treasury-strategy\">press release<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>According to company representatives, digital gold is now the &#8220;primary treasury reserve asset,&#8221; as it is considered a &#8220;reliable store of value and an attractive investment.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Bitcoin is currently a major asset class with a market value exceeding $1 trillion. We believe it possesses unique characteristics as a rare and finite asset, capable of serving as an adequate hedge against inflation and a safe haven amid global instability,&#8221; stated Eric Semler, Chairman of the Board.<\/cite><\/p><\/blockquote>\n<p>He added that the &#8220;digital architectural resilience&#8221; of the first cryptocurrency makes it preferable to gold, whose market value is approximately ten times greater.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Moreover, we are encouraged by the growing global adoption and institutionalization of bitcoin. This is evidenced by the January <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">approval<\/a> of 11 spot exchange-traded funds by the Securities and Exchange Commission. These funds reported net inflows exceeding $13 billion, generated by nearly 1,000 institutions, including global banks, pension funds, <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%AD%D0%BD%D0%B4%D0%B0%D1%83%D0%BC%D0%B5%D0%BD%D1%82\">endowments<\/a>, and registered investment advisors. It has been established that more than 10% of all bitcoins are now owned by institutions,&#8221; emphasized Semler.<\/cite><\/p><\/blockquote>\n<p>Shares of Semler Scientific, listed on Nasdaq, responded with an increase of over 28%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/semler.webp\" alt=\"semler\" class=\"wp-image-233719\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.google.com\/finance\/quote\/SMLR:NASDAQ?sa=X&#038;ved=2ahUKEwjw-9zx3bCGAxUxLxAIHS2fBQgQ3ecFegQIWhAf\">Google Finance<\/a>.<\/figcaption><\/figure>\n<p>The screenshot below shows the largest public companies with bitcoin on their balance sheets.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/public-1-1024x580.png\" alt=\"public-1\" class=\"wp-image-233720\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/public-1-1024x580.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/public-1-300x170.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/public-1-768x435.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/public-1.png 1122w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/bitcointreasuries.com\/#public\">Bitcoin Treasuries<\/a>.<\/figcaption><\/figure>\n<p>In April, MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-acquires-additional-122-btc\">acquired an additional 122 BTC<\/a>. Its bitcoin reserves reached 214,400 BTC (over $14 billion).<\/p>\n<p>A total of $7.54 billion was allocated for the purchase of crypto assets at an average rate of $35,180 per coin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Semler Scientific, a company specializing in medical technologies, has announced the acquisition of 581 BTC valued at $40 million, according to a press release.<\/p>\n","protected":false},"author":1,"featured_media":13887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1156],"class_list":["post-13888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13888"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13887"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}