π¨ BREAKING NEWS: Santa Clara-based medical-tech company, Semler Scientific, has announced a jaw-dropping plan to acquire a whopping 105,000 Bitcoins (BTC) over the next three years! π±
That’s right, folks! This ambitious move represents a staggering 0.5% of Bitcoin’s maximum circulation supply. π€―
So, how will they fund this massive accumulation spree? Well, it’s a mix of debt financing, equity offerings, and cash flows from their current operations. π°
Semler Scientific, the mastermind behind point-of-care diagnostic tools like QuantaFlo, made its first BTC purchase of $40 million back in May 2024. π
Throughout 2024, they continued to accumulate Bitcoin at a steady pace, snatching up more than 1,500 coins. π€
This trend continued in 2025, with Semler Scientific’s BTC coffers growing with each passing month. Their biggest purchase of the year (871 BTC) was announced in early February. π
As of now, Semler Scientific’s current Bitcoin holdings stand at an impressive $468.18 million, making them the fourth-largest BTC treasury company in the U.S. With an average purchasing price of $92,158, the company is currently sitting on a profit of 14.39%. π
Their goal? To own 10,000 BTC by the end of 2025. π
Eric Semler, the chairman of Semler Scientific, recently stated that the company was focused on becoming “a powerhouse in Bitcoin.” πͺ
“The healthcare story is interesting and helpful, but we are really interested in Bitcoin, a powerhouse in Bitcoin,” Semler said during a recent podcast appearance. ποΈ
However, there’s growing skepticism surrounding the viability of the growing cohort of Bitcoin treasury companies. π€
Prominent trader Bob Loukas recently predicted that they will send the leading cryptocurrency “to the stratosphere” while also warning about their future collapse. ππ₯
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2025-06-20 11:03