American -based medical technology company Semler Scientific, Bitcoin worth $ 50 million to its treasure $107,078.29 added. The company, which bought 455 Bitcoin between May 13-22, increased its total assets to 4.264 BTC at an average cost of $ 109,801. With this move, the current value of the company’s crypto currency portfolio exceeded $ 457.6 million, but the profit rate of the investment was announced as 25.8 percent, although Bitcoin lost 4 percent value in the last 24 hours. Semler Scientific rose to the 13th place among global corporate Bitcoin holders.
Semler Scientific of Bitcoin Strategy
Semler Scientific is remarkable with aggressive purchases in 2024. The company’s average Bitcoin purchase price remained at $ 91,471, while the total expenditure reached 390 million dollars. Eric Semler, Chairman of the Board of Directors, stressed that the portfolio has gained 25.8 percent since the beginning of the year: “Bitcoin is at the center of our company’s long -term growth plans.”
This investment policy became one of the moves that emphasized the company in the digital asset market. Bitcoin’s historical summit with 111,814 dollars, even in the period of the semler continued to buy, despite the market fluctuations managed to maintain its portfolio. This attitude of the company is closely monitored by investors and competitors.
Corporate crypto currency investments are increasing rapidly in the USA
Semler Scientific was the second public company that adopted Bitcoin as a treasure presence in the USA. In 2020, Microstrategy (formerly strategy) took the first step in this field. Microstrategy has a portfolio of 576.230 BTC and $ 62 billion.
In the USA, companies’ tendency to create crypto currency reserves is increasing. Financial analysts say that the integration of digital assets into institutional strategies has become a new trend. The last move of the Semler gives strong signals that this tendency will continue. In particular, concerns of inflation and depreciation of the dollar push companies to the search for alternative assets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
