The healthcare-focused technology firm, Semler Scientific has added more Bitcoin to its portfolio amid growing institutional interest in the flagship crypto. According to a new announcement, the firm has purchased Bitcoin worth around $5 million, indicating the firm’s growing confidence in BTC. Notably, with the latest purchase, the firm’s total holdings soared past 1K BTC.

Semler Scientific Purchase 83 Bitcoin

The latest acquisition, as reported in a Semler Scientific press release, reflects the firm’s commitment to Bitcoin. According to a recent press release, the Nasdaq-listed tech firm has purchased another 83 BTC, worth $5 million.

Notably, this latest purchase increased the company’s total BTC holdings to 1,012 coins, which was acquired at a total of $68 million. The purchase was primarily funded from the cash generated from operations, along with proceeds from the firm’s at-the-market equity program.

The post Breaking: Semler Scientific Buys More Bitcoin Amid Soaring BTC Adoption appeared first on CoinGape.

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