Semler Scientific strikes again and buys even more Bitcoin

Healthcare company Semler Scientific bought another 101 Bitcoin for $6 million. What's behind the BTC strategy?

Just one more few weeks ago announced healthcare company Semler Scientific touted its new Bitcoin strategy. Now Semler has struck again, putting $6 million on the table - for another 101 BTC in the corporate balance sheet.

According to a press release within two months, Semler has already used a total of $63 million to purchase 929 Bitcoin. Case in point is MicroStrategy, Michael Saylor's software development company, which owns spectacular 226,500 BTC with a total value of $12.7 billion. That's more than one percent of all Bitcoin ever in existence.

"We remain focused on acquiring and holding Bitcoin as we support and expand our healthcare business," CEO Doug Murphy-Chutorian said of the recent purchase.

Bitcoin is to become the primary reserve asset of the Nasdaq-listed company. Since the Bitcoin strategy announcement Semler Scientific's stock temporarily rose nearly 50%, but recently corrected sharply due to the BTC crash. Nevertheless, Chairman Eric Semler shows optimism: "We still feel strongly that Bitcoin is an attractive investment, and we plan to use our operating cash flow to purchase more BTC."

Despite the Bitcoin adoption wants Semler Scientific to stay true to its core mission in healthcare. The company is developing innovative technologies to improve the treatment of chronic diseases in the future.

More and more companies are jumping on the BTC train. In addition to Semler, Metaplanet and TheBlock regularly buy Bitcoin. Recently, rumors circulated that computer manufacturer Dell may soon follow suit as well.