Semler Scientific Boosts Bitcoin Holdings: Invests $29.3 Million for 303 BTC, Achieving 54.7% Returns

On December 5th, COINOTAG News reported that Semler Scientific, a US-listed entity, has executed a significant investment of $29.3 million to augment its holdings by 303 BTC. The average acquisition cost stands at roughly $96,779 per Bitcoin. Since the inception of its BTC treasury strategy in May, the company has realized an impressive 54.7% return for the quarter to date (QTD) and an annual yield of 78.7%. As of December 4, 2024, Semler Scientific’s total Bitcoin holdings have surged to 1,873 BTC, carrying a cumulative value of approximately $147.1 million. The average cost of these holdings is around $78,553 per Bitcoin, reflecting a strategic and successful approach to cryptocurrency investment amidst market fluctuations.