Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Hong Kong Approves Mainland Broker for Bitcoin Trading

    Arizona Legislature Passes Bitcoin Reserve Bill HB2324

    Arizona Passes Bitcoin Reserve Bill HB2324

    BlackRock Bitcoin ETF Achieves 700,000 BTC Milestone

    Metaplanet Stock Drops 12% After Bitcoin Acquisition Plan

    Metaplanet Raises $517M to Acquire More Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Tether Acquires 10.7% Stake in Juventus

    Ripple Co-founder Britto Breaks Silence on Social Media

    Pi Coin Faces 12% Drop Amid Exchange Surge

    SharpLink Gaming Acquires $30M in Ethereum, Stock Rises

    Midnight Network Airdrops NIGHT Tokens to XRP Holders

    1.2 Billion NIGHT Tokens Airdropped to XRP Holders

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Semler Scientific Purchases 167 Bitcoin for $16.2 Million

Solomon M. by Solomon M.
May 6, 2025
in Bitcoin News
Key Takeaways:
  • Semler Scientific purchases 167 BTC, expanding its total to 3,634 BTC.
  • Investment funded through stock sales amounting to $39.8 million.
  • Semler emerges as 4th largest corporate Bitcoin holder.
semler-scientific-purchases-167-bitcoin-for-16-2-million
Semler Scientific Purchases 167 Bitcoin for $16.2 Million

Semler Scientific has acquired 167 Bitcoin valued at $16.2 million this May 5, 2025, solidifying its position as a prominent corporate Bitcoin holder. This move is part of the company’s ongoing Bitcoin acquisition strategy initiated in May 2024.

Semler Scientific’s latest Bitcoin purchase highlights its commitment to using digital currency for treasury reserves, potentially influencing other non-tech companies to follow. Their recent acquisition reflects strategic investment to capitalize on cryptocurrency valuation trends.

Semler Scientific has reinforced its Bitcoin strategy with a fresh purchase of 167 BTC, bringing total holdings to 3,634 BTC. This acquisition cost $16.2 million, with the company paying an average of $97,000 per Bitcoin.

“In May 2024, Semler Scientific, Inc. (Nasdaq: SMLR) adopted Bitcoin as its primary treasury reserve asset.” – source

The company, primarily known in the medical device sector, started this Bitcoin trajectory in May 2024. They adopt Bitcoin as the primary treasury reserve, using stock sales to finance these acquisitions, indicating a significant shift in corporate financial strategy.

With this purchase, Semler climbs to the fourth position among corporate Bitcoin holders. The company’s success reflects in a 22.2% BTC yield year-to-date, showcasing Europe’s increasing corporate interest in cryptocurrencies.

Semler Scientific’s strategy could influence financial norms in traditionally cautious sectors like medical technology. Their return on Bitcoin investment highlights a pivotal shift, demonstrating a successful alternative approach to treasury management.

By leveraging at-the-market offerings to finance Bitcoin acquisitions, Semler shows willingness to disrupt conventional financial norms. Their calculated strategy and sustained results could affect broader financial, regulatory, and technological landscapes. This suggests an evolving regulatory environment adapting to cryptocurrency’s growing market role.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Semler Scientific Acquires 167 Bitcoin for $16.2 Million

Next Post

Semler Scientific Confirms Bitcoin Holdings at 3,303 BTC

Solomon M.

Solomon M.

Related Posts

Hong Kong Approves Mainland Broker for Bitcoin Trading

by Adriana M.
June 25, 2025

Hong Kong approves Guotai Junan as the first mainland broker for Bitcoin trading, marking a regulatory milestone.

Arizona Legislature Passes Bitcoin Reserve Bill HB2324

by Solomon M.
June 25, 2025

Arizona's passing of HB2324 sets a future for managing seized digital assets, awaiting Governor Hobbs' decision.

Arizona Passes Bitcoin Reserve Bill HB2324

by Solomon M.
June 25, 2025

Arizona state legislature passes Bitcoin Reserve Bill HB2324, pending Governor Katie Hobbs' approval.

BlackRock Bitcoin ETF Achieves 700,000 BTC Milestone

by Anca F.
June 25, 2025

BlackRock's Bitcoin ETF nears 700,000 BTC holding, reflecting significant institutional interest.

Metaplanet Stock Drops 12% After Bitcoin Acquisition Plan

by Solomon M.
June 25, 2025

Metaplanet stock declines 12% amid ambitious Bitcoin acquisition strategy of $555 million.

Metaplanet Raises $517M to Acquire More Bitcoin

by Solomon M.
June 25, 2025

Metaplanet Inc. raises $517 million for Bitcoin acquisition, impacting BTC market dynamics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.