The post Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC appeared first on Coinpedia Fintech News
Medical device company Semler Scientific revealed it now holds 1,058 BTC, worth approximately $71.4 million, after purchasing an additional 47 BTC for $3 million in August. This increase aligns with the company’s strategy to boost stakeholder value through Bitcoin acquisitions funded by operational cash flow and its stock sale program. Despite a 17% revenue decrease to $13.5 million in Q3, net income rose slightly to $5.6 million. Semler’s focus on healthcare advancements and Bitcoin investments reflects its dual commitment to growth in the medical and crypto spaces.
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