Semler Scientific just scooped up 237 more BTC, bringing their total holdings to 2,321. 🤑
According to News1, on January 13th, the U.S. medical device company bought up $23 million worth of Bitcoin, with an average price of around $98k per BTC.
They've been stacking Bitcoin by using proceeds from stock sales and cash reserves. So far, they've bought a total of 2,321 BTC, with an average buy-in of about $83k per coin.
This Bitcoin strategy has actually helped them turn things around. Back in July last year, Semler announced they finally escaped "zombie company" status — that means they’re no longer struggling to pay interest with no real profit coming in. Things are looking up for them! 🚀
