Semler Scientific buys another $10M worth of BTC
The healthcare company increased its Bitcoin yield by 23.5% year-to-date, indicating a higher ratio of BTC per outstanding share.
Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement.
The company purchased 111 Bitcoin (BTC) for $10 million at an average price of roughly $90,000 per coin, Semler said. It holds a total of more than 3,300 Bitcoin worth approximately $300 million in aggregate.
Semler said its Bitcoin purchases have earned stockholders a Bitcoin yield of 23.5% in the year to date. Bitcoin yield measures the ratio of BTC holdings to outstanding shares, reflecting growing exposure per share for investors.
Read more
