Semler Scientific (SMLR) Targets $5 Billion Securities Issuance for Corporate Growth and Bitcoin Acquisition

On April 16, COINOTAG News reported that the publicly traded medical technology firm, Semler Scientific (SMLR), has formally filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). This application seeks to issue securities valued at $5 billion. The anticipated proceeds from this issuance are earmarked for general corporate purposes, which may include strategic acquisitions of Bitcoin. Notably, Semler Scientific was previously recognized for holding a substantial 3,192 BTC as of February 4, indicating a significant interest in cryptocurrency as part of their asset strategy. This move underscores the increasing trend of traditional companies exploring digital currencies as a viable component of their portfolio, aligning with broader market dynamics and investor interest in cryptocurrency.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.