{"id":16411,"date":"2024-08-26T19:54:18","date_gmt":"2024-08-26T16:54:18","guid":{"rendered":"https:\/\/forklog.com\/en\/semler-scientific-acquires-additional-83-btc-for-5-million\/"},"modified":"2024-08-26T19:54:18","modified_gmt":"2024-08-26T16:54:18","slug":"semler-scientific-acquires-additional-83-btc-for-5-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/semler-scientific-acquires-additional-83-btc-for-5-million\/","title":{"rendered":"Semler Scientific Acquires Additional 83 BTC for $5 Million"},"content":{"rendered":"

Medical technology firm Semler Scientific announced<\/a> the purchase of an additional 83 BTC for $5 million.<\/p>\n

According to Eric Semler, Chairman of the Board, the company is “encouraged by the growing institutional acceptance” of digital gold.<\/p>\n

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“We recently acquired additional bitcoins, primarily using cash from operations as well as capital raised under our program,” he noted.<\/p>\n<\/blockquote>\n

In May, the company purchased 581 BTC<\/a> valued at $40 million. At that time, Semler Scientific described the leading cryptocurrency as a “primary treasury reserve asset.”<\/p>\n

As of August 26, the firm’s total bitcoin balance is estimated at 1012 BTC, with $68 million spent. Among public companies holding digital gold, MicroStrategy leads the way.<\/p>\n

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Data: BitcoinTreasuries<\/a>.<\/figcaption><\/figure>\n

In the second quarter, MicroStrategy acquired an additional 12,222 BTC for $805 million, bringing its total holdings to 226,500 BTC (~$14.7 billion at the time of the report).<\/p>\n

Earlier, the company reported the purchase of 11,931 BTC for $785 million and issued shares worth $800 million.<\/p>\n

Japanese firm Metaplanet follows a similar strategy, although its purchases are significantly smaller.<\/p>\n