Semler Scientific, a medical device company, recently acquired $50 million worth of Bitcoin between May 13 and May 22. This purchase increased the company's Bitcoin holdings to $474.4 million, placing it among the top 13 BTC Treasury companies. The acquisition involved buying 455 BTC at an average price of $109,801 using funds from a stock offering program. Despite a 1.36% drop in Semler Scientific's shares following the disclosure, the decrease aligns with Nasdaq's performance, which was down 1% on the same day. While the company reported a 44% revenue decline in Q1 2025, its shares have fallen by 18% this year. This move reflects a growing trend among companies to invest in Bitcoin, with Semler Scientific's shares rising by 53% since announcing their BTC strategy in May 2024. Read more AI-generated news on: https://app.chaingpt.org/news

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