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.