{"id":32062,"date":"2024-06-07T11:26:02","date_gmt":"2024-06-07T11:26:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/semler-scientific-boosts-bitcoin-holdings-with-17-million-purchase\/"},"modified":"2024-06-07T11:26:02","modified_gmt":"2024-06-07T11:26:02","slug":"semler-scientific-boosts-bitcoin-holdings-with-17-million-purchase","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/semler-scientific-boosts-bitcoin-holdings-with-17-million-purchase\/","title":{"rendered":"Semler Scientific Boosts Bitcoin Holdings with $17 Million Purchase"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Semler Scientific, a healthcare technology company located in Santa Clara, has continued its strategic approach to Bitcoin investing by purchasing an additional 247 BTC for $17 million in cash. This move was made to protect against inflation concerns.<\/p>\n<p>With this most recent acquisition, Semler Scientific now owns 828 <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a>, having paid a total of $57 million for them. CEO Doug Murphy-Chutorian of Semler Scientific reaffirmed the company\u2019s belief in Bitcoin as a \u201ccompelling investment and a reliable store of value.\u201d<\/p>\n<p>Doug Murphy-Chutorian stated, <em>\u201cWe will continue to pursue our strategy of purchasing Bitcoins with cash.\u201d<\/em><\/p>\n<h2>Strategic Investment<\/h2>\n<p>The purchase follows a significant acquisition just a week earlier, where Semler Scientific acquired 581 BTC for $40 million, averaging around $68,850 per coin. Semler Scientific chairman Eric Semler highlighted Bitcoin\u2019s potential as a scarce asset, serving as a hedge against inflation and a safe haven during global instability.<\/p>\n<p>Eric Semler explained,<em> \u201cWe also believe its digital, architectural resilience makes it preferable to gold, which has a market value of approximately 10 times that of Bitcoin.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>With this recent purchase, Semler Scientific now ranks 20th among public companies holding Bitcoin on their balance sheets, according to BitcoinTreasuries.NET. The company surpasses Argo Blockchain, which holds 11 BTC, but trails behind Meitu, a Chinese software company holding 940.9 BTC.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/semler-scientific-boosts-bitcoin-holdings-with-17-million-purchase\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Semler Scientific, a healthcare technology company located in Santa Clara, has continued its strategic approach to Bitcoin investing by purchasing an additional 247 BTC for $17 million in cash. This move was made to protect against inflation concerns. With this most recent acquisition, Semler Scientific now [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":32063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32062"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32062"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32063"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}