Healthcare Tech Company Semler Buys More Bitcoin, Holdings Near $472 Million

Nasdaq Health Care Technology Company Semler Scientific has purchased 185 Bitcoin worth $ 20 million, his eighth acquisition this year, according to the value for securities submission.

A company based in California (SMLR) Santa Clara, now owning approximately 4,450 BTC worth almost $ 472 million, Current prices. Based on the value of Semler’s stakes, he became the 14th Biggest Bitcoin corporate holder, just behind Gamestop, according to to Bitcoin cash registers.

Semler began to pile up Bitcoin just over a year ago. At the end of May, the medical devices company was re -conceived as Bitcoin Cashier, saying that it he would continue “Development and marketing technology produces and services to health care providers in the fight against chronic diseases,” accepting Bitcoin as a place to park excess money.

Company – and other small companies at Nasdaq – do what the software companies strategy (earlier Microstrategy) has been working for five years: buying a leading crypto currency as a way to get shareholders better value for money.

Tysons Corner, strategy based in Virginia First purchased Bitcoin 2020. Since then, his shares (mstr) have roared because investors have been buying capital at the company as Bitcoin Proxy.

The strategy is now called a “Bitcoin Treasury” And it has 580.955 BTC – Worth about $ 60.8 billion – at its box office. Other companies that have not been focused earlier on Bitcoin or Crypto are trying The same game plan.

Semler presented a $ 500 million offer program in mid -April, and published 3.5 million usual shares to buy multiple bitcoin. Semler signaled that he had published about 540,000 common shares since he discovered his previous acquisition of Bitcoin about two weeks ago, bringing the total amount of funds raised to $ 136 million.

Semler’s share price recently fell $ 4.4% to $ 34.01 on Wednesday, and the company’s shares have fallen to 37%, Yahoo Finance reports.

Edited by James Rubin