Semler Scientific adds 175 BTC to its treasury for $20.8 million, showcasing its commitment to Bitcoin as a corporate treasury asset.
Semler Scientific has acquired 175 Bitcoin for approximately $20.8 million, increasing its total holdings to 5,021 BTC, valued at about $594.8 million. The average purchase price per BTC stands at $119,230, with a year-to-date return of 31.3%. The company has spent $475.8 million on Bitcoin, resulting in an unrealized gain of nearly $119 million. Semler's Chairman Eric Semler emphasized the accelerating trend of corporate adoption of Bitcoin as a monetary standard.