Medical technology company Semler Scientific announced buying over $88 million worth of Bitcoin in recent weeks, achieving an unrealized profit of 152%. From January 11 to February 3, Semler purchased 871 BTC at an average price of $101,616 per unit. Their total investment in Bitcoin amounts to around $280 million, with an estimated current market value of $313 million. This investment strategy has yielded a total return of 152% since July 1, 2024, and a 22% profit since the beginning of this year. Semler issued convertible notes for their purchases and cashed out part of their investment in Monarch Medical Technologies. They plan to raise $75 million through private convertible note offerings to continue their Bitcoin investment strategy. According to Bitcoin Treasuries data, Semler is now ranked tenth among the world’s largest Bitcoin-holding companies. Meanwhile, on February 3, MicroStrategy, the largest corporate Bitcoin holder, announced halting their purchases, currently holding approximately 471,107 BTC worth around $46 billion.
