According to BlockBeats, Semler Scientific, a medical technology company listed on the U.S. stock market, transitioned into a Bitcoin finance company on May 28, 2024. Since then, the company has acquired 4,449 Bitcoins, currently valued at $469 million, surpassing its market capitalization of $326 million.
During this period, Bitcoin has seen a 55% increase in value, while Semler Scientific's stock has risen only 2.3%. This highlights the challenges faced by companies in the Bitcoin finance sector, indicating that the transition is not without its difficulties.
