California-based Semler Scientific has purchased an additional 303 Bitcoin (BTC) $0.0001, raising its total BTC assets to 1,873 BTC. The value of the company’s Bitcoin portfolio now exceeds $184 million.
Total Investments Reach $184 Million
The medical product manufacturer, listed on Nasdaq, disclosed that it bought 303 BTC in the last week of November and the beginning of December, spending a total of $29.3 million for these transactions. The company paid an average of $96,779 per Bitcoin, which increased its total holdings to 1,873 BTC.
Semler Scientific has spent a total of $147.1 million on its 1,873 BTC portfolio, calculating an average purchase price of $78,553 per Bitcoin. The company highlights the efficiency of this strategy as a key performance indicator, expressing satisfaction with a 78.7% return since July. Eric Semler stated that the strategy provides greater value to shareholders.
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