
Publicly traded Semler Scientific (SMLR), a healthcare business that broadened its corporate strategy to include buying bitcoin (BTC), said it raised $17 million more in the digital currency. is buying and preparing to raise $150 million so it can buy more.
“Semler is focused on our two strategies of growing our healthcare business and acquiring and holding bitcoin,” said Doug Murphy-Choutorian, MD, chief executive officer of Semler Scientific, in a release. “The company now holds 828 bitcoins, which highlights our view that bitcoin is a sound investment and can serve as a reliable store of value. We continue our strategy of buying bitcoins with cash. Will continue the practice.”
According to current market data from CoinDesk Indices, Semler’s 828 bitcoins were acquired for $57 million and are now worth $59 million.
Collectively, publicly listed companies hold 308,442 BTC worth about $21.8 billion on their balance sheets, according to bitcointreasuries.net.
SMLR ended the day down 2.5 percent in US trading.