Following MicroStrategy, Semler Scientific Acquires 211 Bitcoins at a Price Above US$100,000
Semler Scientific (SMLR), a US health technology company, has followed in the footsteps of MicroStrategy (MSTR), a business intelligence company founded by Michael Saylor, by purchasing 211 Bitcoins (BTC) worth US$21.5 million at an average price of US$101,890 per coin, Monday (12/16).
This purchase increases the total number of BTC owned by Semler Scientific to 2,084 pieces with a total acquisition value of US$168.6 million. This move has resulted in a BTC return of 67% this quarter and 92.8% since Semler implemented a financial strategy using Bitcoin last May.
Previously, MicroStrategy had also kept Michael Saylor's word by purchasing 15,350 BTC at a higher price, which was around US$100,000 per piece.
Therefore, it is certain that the surge in Bitcoin prices has not made Semler Scientific or MicroStrategy stop their vision of making Bitcoin the company's main strategic asset. #BTC_MARKET_UPDATE