Semler Scientific Continues Strategic Bitcoin Investment, Increasing Stake to 1,058 BTC

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Crypto Blog

Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company revealed that its bitcoin holdings have reached 1,058.$13.5 million in revenue for Q3, a 17% decrease. Operating income was $5.1 million, down $1.2 million from Q2. Despite this, it remains “laser-focused” on acquiring and holding Bitcoin.

Weighing on the company’s BTC focus, Doug Murphy-Chutorian, MD, chief executive officer of Semler Scientific, commented, With these acquisitions, Semler became the 17th-largest public company holding the cryptocurrency, placing it ahead of Japan’s Metaplanet, which currently owns 1,015.2 BTC, as perOver the past few years, a rising trend has seen companies investing in bitcoin as a strategic asset on their balance sheets. MicroStrategy, under the leadership of former CEO Michael Saylor, is frequently credited with starting this trend among public corporations.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 568. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Medical Tech Company Wants to Raise More Cash to Buy BitcoinSemler Scientific plans to keep buying more Bitcoin
La source: Utoday_en - 🏆 295. / 63 Lire la suite »

Lots of fentanyl was manufactured at purported Pa. scientific business: prosecutorDanville resident chose to stand trial despite making admissions to investigators.
La source: PennLive - 🏆 463. / 53 Lire la suite »