US-listed company Semler Scientific increased its holdings of 303 bitcoins, bringing its total holdings to 1,873
On December 5th, Nasdaq-listed medical technology company Semler Scientific (SMLR) announced that it bought 303 bitcoins at an average price of $96,779, with a total value of $29.30 million. As of December 4th, the company held 1,873 bitcoins, with a total investment of about $147.10 million, and an average cost of holding a position of $78,553.
The company raised funds through the issuance of shares through ATMs and has completed a $79.80 million financing. Since adopting the bitcoin reserve strategy in May this year, the company's bitcoin ROI rate has reached 78.7%. Eric Semler, chairperson of the company, said that he has applied for the opening of stock options trading.