Health-Tech Company Semler Scientific Inc. Shows Its Courage in Investing in Bitcoin

A technology company engaged in the health sector, Semler Scientific Inc., shows its courage in investing in Bitcoin.

A technology company in the health sector, Semler Scientific Inc., berani to show its courage in investing in Bitcoin. Specifically, from December 5 to 15, 2024, the company added 211 BTC to its portfolio, valued at around 21.5 million US dollars (IDR 344 billion).

The average price of Bitcoin that Semler bought in this period was 101,890 US dollars (Rp1.63 billion) per BTC. In total, Semler's investment in acquiring Bitcoin has reached 168.6 million US dollars (Rp2.7 trillion), with an average price per BTC of 80,916 US dollars (Rp1.29 billion).

Semler's purchase of Bitcoin was funded through two main sources, namely direct market share offerings and cash flow from the company's operations. The stock offering itself is proven to be able to raise funds effectively.

It was recorded that Semler managed to raise 100 million US dollars (Rp1.6 trillion) from the sale of shares as of December 13, 2024. In addition, the company also increased their share offering capacity to 150 million US dollars (Rp2.4 trillion).

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Semler's success in increasing the amount of Bitcoin it has can be seen from the metric called "BTC Yield." This metric is used to measure Semler's Bitcoin ownership growth compared to the number of outstanding stocks.

Throughout July to December 2024, BTC Yield Semler recorded a jump of up to 92.8%. This achievement shows that Semler's Bitcoin investment strategy can generate significant profits, although this metric is not a traditional indicator for the company's financial performance.

However, despite its focus on Bitcoin, Semler emphasized that their share price does not only depend on the value of the Bitcoin market. The company states that many other factors also affect stock prices, such as their operational performance and long-term plans.

Tag: teknologi kripto bitcoin