Bitcoin: Semler Scientific Invests An Additional 23 Million Dollars

Bitcoin fascinates as much as it disturbs. Some see it as a bulwark against inflation, while others find it too unstable. At the heart of this debate, Semler Scientific draws attention by multiplying its BTC purchases. This company, active in health technology, has now invested over 192 million dollars in cryptocurrency. But why take such a gamble?

Massive acquisitions to emerge from the shadows

While some predict a bitcoin at 500,000 dollars by 2025, Semler Scientific did not hesitate to invest an additional 23 million dollars in crypto.

This move has propelled its total reserves to 2,321 BTC, purchased on average for less than 83,000 dollars each. The company financed these purchases in part through a stock sale, thus proving its willingness to change the game. In such a volatile market, this audacity is striking.

By investing so much, Semler Scientific saw its “bitcoin yield” climb to 99%. Behind this term lies a calculation method aimed at measuring the company’s performance in relation to its BTC holdings.

The management hopes this figure will convince investors of its strategy’s relevance. However, this approach raises questions: is the company trying to compensate for a lack of liquidity or betting on bitcoin’s popularity?

Previously considered a “zombie company,” Semler Scientific sees in bitcoin a way to revitalize its finances.

The notion of a “zombie company” refers to a business that barely survives, repaying just enough of its debts to avoid insolvency. Here, BTC is seen as a catalyst for growth. This vision breaks with the typical conservatism of the sector, showing that technological innovation can rescue struggling operations.

A risky bet on bitcoin, but explosive potential returns

Bitcoin remains unpredictable. Its price can skyrocket or plummet within days.

Despite this volatility, Semler Scientific persists. The leaders mention the growing demand from companies wishing to protect their cash against inflation.

They also recall the example of MicroStrategy, a pioneer in BTC acquisition, whose market value has soared since 2020. For Semler, speculative appeal outweighs caution.

This approach is not without criticism. Many fear that a sudden crash could jeopardize the company’s financial health. Critics point out that it’s a high-risk gamble, especially when it comes to acquiring more BTC after a significant rise. Yet, Semler sees blockchain as a transformative tool for the monetary system. Regulators, on their part, remain vigilant in the face of this diversification logic.

Meanwhile, other companies like Hoth Therapeutics or Rumble are following Semler Scientific’s lead. They are turning to bitcoin to boost their image and attract new investors. This trend shows that crypto is no longer confined to just tech giants. For Semler, aligning with this movement reassures its partners and demonstrates its ability to anticipate market developments despite the comparison made by the CEO of JPMorgan.