based in california Semler Scientific303 Bitcoins (BTC) $98,402.6 By purchasing more, it increased its total BTC assets to 1,873 BTC. The company’s Bitcoin portfolio is now worth over $184 million.
Total Value of Investments Reached 184 Million Dollars
NasdaqSemler Scientific, a medical product manufacturer traded in (NDAQ), announced that it purchased 303 BTC between the last week of November and the beginning of December. The company spent a total of $29.3 million on these transactions. Bitcoin These latest purchases of the company, which pays an average of 96 thousand 779 dollars per head, increased its total Bitcoin assets to 1,873 BTC.
Semler Scientific, 1,873 units BTCHe spent a total of $147.1 million for his portfolio. The company’s average purchase price per Bitcoin was calculated as 78 thousand 553 dollars. The company touts the efficiency of this strategy as a performance indicator. Semler Scientific stated that they were pleased with a return of 78.7 percent since July. Eric Semlersaid that the company offers more value to investors with this strategy.
Semler Scientific’s Bitcoin Strategy Draws Attention in the Market
Semler Scientific’s Bitcoin treasury strategy has attracted attention in the market. The company issues new shares by funding its Bitcoin investments through company shares. With this step, he financially supports his Bitcoin purchase and advances his investments in parallel with the company’s performance.
Company’s total Bitcoin portfolioI would like to point out that the market value of the company was calculated as 184 million dollars at the time the news was prepared. The company is the 14th largest Bitcoin investor among publicly traded companies. If it’s at the top of the list MicroStrategy And Marathon Digital There are companies like.
The company’s shares closed Thursday at $58.55, down 7.65 percent. But it rose 1.3 percent in after-market trading. Its shares have gained 32.5 percent in value since the beginning of the year. This gain in value once again reveals the impact of the Bitcoin strategy on the company.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
