Healthcare Company Semler Scientific Buys $40 Million Bitcoin, Adopts As Treasury Reserve Asset
Another publicly traded company adopts BTC as its primary treasury reserve asset.
Semler Scientific, Inc. (Nasdaq: SMLR), known for its healthcare solutions to combat chronic diseases, has announced a significant shift in its treasury strategy. The company's board of directors has adopted Bitcoin as its primary treasury reserve asset, alongside a substantial purchase of 581 Bitcoins for an aggregate amount of $40 million, inclusive of fees and expenses.
JUST IN: Healthcare product manufacturer Semler Scientific purchases 581 #Bitcoin for $40 million
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