cryptojournalist
Semler Scientific’s Bitcoin investments are paying off, with a 37.3% yield since kicking off its BTC strategy earlier this year.
More Bitcoin in the Bank
In a recent move, Semler spent $17.7 million to grab 215 Bitcoin, paying about $82,502 per coin. This brings their total stash to 1,273 BTC, worth $114 million at current prices.
Bitcoin Is the Goal
Chairman Eric Semler is thrilled with the results, saying they’re delivering big returns for stakeholders. CEO Doug Murphy-Chutorian added that the company is all-in on Bitcoin and looking at ways to buy even more.
Metaplanet Follows Suit
Over in Japan, Metaplanet raised $11.3 million through bonds to boost its own Bitcoin holdings, proving the crypto craze is far from over.
