Matrixport: Semler Scientific's stock price rises after buying Bitcoin, replicating Metaplanet's approach

2024-05-29 19:02:52

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ChainCatcher news, Matrixport announced on platform X that another company has declared the purchase of BTC as its financial asset. Semler Scientific has bought $40 million worth of Bitcoin. Since Japanese company Metaplanet announced its Bitcoin purchase a few weeks ago, its stock price has tripled. Semler seems to be replicating this approach, which was first initiated by MicroStrategy, which has been investing in Bitcoin since 2020.

Yesterday's news, Nasdaq-listed Semler Scientific announced that it will adopt Bitcoin as its primary reserve asset. Semler Scientific also announced that it has purchased 581 Bitcoins, totaling $40 million, including fees and expenses. It is reported that Semler Scientific, Inc. is a provider of technology products and services, primarily supporting the healthcare industry in combating chronic diseases.

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