Is Semler Scientific Adopting MicroStrategy’s Bitcoin Treasury Playbook?
In a conversation with Bitcoin Magazine, Semler Scientific’s chairman shared that he admires what Michael Saylor has done with MicroStrategy’s bitcoin treasury but noted that he is a bit more tempered in his approach.
On Tuesday, Semler Scientific, Inc. (Nasdaq: SMLR), a medical software company, announced that it had purchased 581 bitcoins for approximately $40 million as part of its “bitcoin treasury strategy.”
In the wake of the announcement, some paralleled the company's strategy to MicroStrategy's, which has entailed converting almost all of its treasury into bitcoin.
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