Healthcare technology company Semler Scientific has just announced it purchased an additional 237 Bitcoin during the period from December 16, 2024, to January 10, 2025, at a total cost of approximately 23 million USD. This is a strategic move to bolster its treasury reserves with Bitcoin, raising the total amount that Semler holds to 2,321, valued at nearly 192 million USD.

Bitcoin Accumulation Strategy

  • Semler has issued over 120 million USD in shares to raise capital for its Bitcoin buying strategy.

  • The average price of the BTC that Semler owns is approximately 83,000 USD each, with the most recent purchase at 95,972 USD/BTC.

  • This strategy has helped Semler's "Bitcoin yield" increase from 72.6% to 99.3%, according to the definition of Bitcoin Yield, a performance measure based on the ratio of owned BTC to outstanding shares.

Escaping the "Zombie" State

Semler's management has previously affirmed that investing in Bitcoin is a way to escape the "zombie" state - companies that can only cover operational costs without the ability to grow. CEO Doug Murphy-Chutorian also reiterated that Semler remains committed to buying and holding Bitcoin as a core part of its development strategy.

Bitcoin Investment Wave

Semler is not the only company. Other prominent businesses like MicroStrategy, Hoth Therapeutics, and Rumble are also actively increasing their Bitcoin holdings:

  • MicroStrategy leads with over 40 billion USD in BTC, maintaining a continuous accumulation over the past 10 weeks.

  • The total value of BTC held by publicly traded companies has exceeded 54 billion USD as of January 13, 2025.

Momentum from Inflation Concerns

Many investors and governments in the US, including the states of Texas, Wisconsin, and Florida, are adding Bitcoin as a financial risk hedge. Notable investor Paul Tudor Jones remarked that assets like Bitcoin and commodities will be a good choice to cope with the increasing inflation in the US.

Conclusion
The move to buy additional Bitcoin by#SemlerScientific not only strengthens the company’s position in the cryptocurrency market but also demonstrates a strong pivot towards sustainable growth. The continued faith of companies and state governments in Bitcoin as a strategic asset will create significant momentum for the crypto market in the near future.

(Note: Investing in cryptocurrency carries high risks. Please do thorough research before making any decisions.)