Reported 6 months ago
Semler Scientific, a publicly traded medical device maker, is adding to its bitcoin holdings by purchasing $17 million worth of the digital currency and planning to raise $150 million to buy more. The company currently holds 828 bitcoins, originally acquired for $57 million and now valued at $59 million. Semler's decision to invest in bitcoin has been well-received, with its previous $40 million bitcoin purchase leading to a 25% increase in its stock value. Other publicly listed companies collectively hold 308,442 BTC worth around $21.8 billion on their balance sheets.
Source: YAHOO