$BNB Semler Scientific, a healthcare technology company, plans to raise $75 million to purchase additional Bitcoin

Semler Scientific, a healthcare technology company, plans to raise $75 million through a private offering of convertible senior notes due in 2030, with an additional $15 million option for initial buyers.

The company intends to use a portion of the proceeds to fund limited purchase transactions, mitigate stock dilution from the conversion of money, and allocate the remainder for general corporate purposes, including the purchase of additional Bitcoin.

This move aligns with Semler Scientific's strategy of adopting Bitcoin as its primary treasury asset.

Source: PR Newswire