PANews reported on May 23 that medical technology company Semler Scientific (NASDAQ: SMLR) disclosed in its latest 8-K filing that it spent $50 million to purchase 455 additional bitcoins between May 13 and 22, at an average price of $109,801 per bitcoin. As of May 22, the company held a total of 4,264 bitcoins, with a total cost of $390 million and an average holding cost of $91,471 per bitcoin.
The document shows that the company has raised a total of $114.8 million through the ATM additional issuance plan, part of which was used for Bitcoin investment. The company's official website has opened a Bitcoin holdings data dashboard, disclosing key indicators including "Bitcoin yield" (YTD 25.8%). The funds for the purchase of Bitcoin this time came from the stock issuance agreement previously signed with six investment banks including Barclays.
