Semler Scientific To Raise $150M To Buy More Bitcoin

Semler Scientific To Raise $150M To Buy More Bitcoin
фото показано с : bitcoinmagazine.com

2024-6-7 12:59

Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it acquired 247 additional Bitcoin for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin reserves.

JUST IN: BlackRock spot #Bitcoin ETF IBIT had $347.1 million inflows today. pic.twitter.com/SIKByVcctA

— Bitcoin Magazine (@BitcoinMagazine) June 6, 2024

Semler made waves last month when it adopted Bitcoin as its primary treasury reserve asset, mimicking MicroStrategy's influential corporate Bitcoin accumulation strategy. After its initial 581 bitcoin purchase, Semler has continuously acquired more coins.

CEO Doug Murphy-Chutorian said "Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin. We will continue to pursue our strategy of purchasing Bitcoins with cash."

The company filed an S-3 form with the SEC outlining its plan to raise $150 million in debt, a portion of which will go toward buying more Bitcoin. Semler noted in the filing that it sees bitcoin as a "reasonable inflation hedge and safe haven amid global instability."

Semler is following the lead of MicroStrategy, which has accumulated over 200,000 Bitcoin and catalyzed the recent trend of public companies adding Bitcoin to their balance sheets. After MicroStrategy began its Bitcoin buying spree in 2020, its stock price rose dramatically as investors responded positively.

Other firms like Japanese public company Metaplanet have also started following MicroStrategy's Bitcoin treasury allocation playbook this year. They recognize that holding scarce asset like Bitcoin can potentially boost their enterprise value.

This demonstrates Bitcoin's game theory in action, as corporations increasingly adopt Bitcoin to maximize shareholder value. Semler's continued acquisition of Bitcoin reflects its belief that adding it to its balance sheet can significantly enhance its business.

As this recent trend gains mainstream validation, more public firms will likely warm to Bitcoin and follow Microstrategy's playbook. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97164.21 (+0.18%)
Объем 24H $42.279b
Изменеия 24h: 0.55 %, 7d: -5.38 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1923.815b Rank 1
Цена в час новости $ 71801.98 (35.32%)

bitcoin scientific semler raise expand further treasury

Источник: bitcoinmagazine.com

bitcoin scientific → Результатов: 126


RMDS Lab: A New NFT Marketplace For Science And Tech IP…

West-coast based spatial data and analytics firm RMDS Lab plans to create the first-ever dedicated science NFT Marketplace before the end of the first quarter of the year. Related Reading \ Bitcoin Revisits $44k As Exchange Outflows See Uptick RMDS Lab is known as a data and artificial intelligence (AI) platform based in California, and founded by IBM’s former chief data scientist Alex Liu in 2009 to create a global community of data scientists and researchers, and to promote scientific innovation through data and AI.

2022-1-16 21:35


U.S. Government Announces Auction of Partial Bitcoin

The United States General Services Administration (GSA) website “offers the general public the opportunity to bid electronically on a wide array of assets no longer needed by the federal government ranging from office equipment and furniture to more select products like scientific equipment, heavy machinery, airplanes, vessels, and vehicles.

2021-3-9 00:02


Фото:

Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science

The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable humanity to cure aging, reverse death and completely change the relationship […] The post Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science appeared first on Bitcoin News.

2019-8-26 19:45


Фото:

Blockchain Board of Derivatives (BBOD) Rates Cardano (ADA) As ‘Accumulate’ in Its Fundamental Analysis

Cardano (ADA) is a decentralized blockchain protocol that addresses the challenges gripping existing networks by utilizing scientific research and philosophy at its core, said the Blockchain Board of Derivatives (BBOD) on its official research blog that analyzes a number of blockchain projects published on April 2.

2019-4-5 15:34


Фото:

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

IBM revealed it was developing a blockchain-based system allowing a dynamic cooperation between scientific researchers beyond institutional borders and outside interference. Breaking down Barriers IBM is one of the leading computer and software technologies in the world pushing innovation by quickly developing blockchain solutions.

2018-11-14 02:00


Bitcoin is Maturing, Crypto Growth Surprisingly Positive Reveals Study

New research published in a renowned scientific journal speculates that the Bitcoin markets are rapidly maturing, which could be positive news for investors. The journal – called Chaos: An Interdisciplinary Journal of Nonlinear Science – highlights some interesting features regarding the rapidly evolving cryptocurrency markets in a report titled “Bitcoin market route to maturity? Evidence from.

2018-10-14 22:00


Фото:

Game Theory in Cryptoeconomics

Bitcoin’s pseudonymous creator(s) Satoshi Nakamoto utilized a range of scientific and economic models when he developed the world’s first digital currency. While many of these technologies already existed, it was Nakamoto’s combination of this knowledge – in conjunction with his developed distributed ledger technology (DLT) – that ushered in a new age of decentralized digital currencies.

2018-8-4 00:00


Фото:

A New EU Report Suggests Banks Could Indulge in Financial Misconduct to Stay Away From Cryptos

A new report from an EU department shows that all is not well in the fintech sector as competition intensifies between traditional finance and crypto finance. The report prepared by the Police Department for Economic, Scientific, and Quality of Life Policies on the recommendation of the European Parliament Committee on Economic and Monetary Affairs (ECON).

2018-7-23 17:19


Cardano’s Team Claims Blockchain’s Proof-of-Stake (PoS) Remedy is “Ouroboros”

The strength of Cardano (ADA) is probably its scientific and academic approach. It is essential to know the cryptocurrency itself travels far-and-wide to reach countries and educate people. Cardano (ADA) is pushing towards becoming one of the top 3 cryptos in the world and even surpassing Bitcoin. The CEO of Cardano (ADA), Charles Hoskinson, aims […]

2018-7-13 19:35


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Сальвадор: ещё +11 Bitcoin в кассу

Сальвадор купил ещё 11 биткоинов за $1 млн. Теперь в национальном резерве страны уже 5,980 монет. И это несмотря на договорённость с МВФ, где Сальвадор пообещал “притормозить” с криптой.

Crypto hacking losses hit $2.2 billion in 2024, a new report says

The cryptocurrency world, while experiencing a surge in mainstream adoption and market value, is also grappling with a stark reality: a significant increase in losses due to hacking. A new report from blockchain analysis firm Chainalysis reveals that funds stolen from crypto platforms jumped to a staggering $2.2 billion in 2024, a 21% increase from […]