Core Insights - Semler Scientific, Inc. has purchased an additional 247 bitcoins for a total of $17 million, bringing its total holdings to 828 bitcoins acquired for an aggregate of $57 million [2][5] - The company is focused on expanding its healthcare business and acquiring bitcoin as a primary treasury reserve asset, viewing bitcoin as a compelling investment and reliable store of value [8] Company Overview - Semler Scientific develops and markets innovative products to combat chronic diseases, with its flagship product being QuantaFlo®, a rapid point-of-care test for measuring arterial blood flow [6] - QuantaFlo® is FDA-cleared and aids in diagnosing cardiovascular diseases, and the company is seeking new 510(k) clearance for expanded indications [6] Investment Strategy - The company has adopted a strategy of purchasing bitcoins with cash, emphasizing its commitment to this approach as part of its overall business strategy [8]
Semler Scientific® Announces Additional Bitcoin Purchases