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Market
What will be Bitcoin's market cap ranking among global assets by December 31, 2024?
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Publicly available financial market data and rankings
Story
Semler Scientific ($SMLR) Boosts Bitcoin Holdings to 1,570 BTC with $29.1M Purchase
Nov 25, 2024, 01:44 PM
Semler Scientific Inc. has further expanded its Bitcoin holdings by purchasing an additional 297 BTC for approximately $29.1 million, at an average price of $97,995 per Bitcoin. This acquisition brings the company's total Bitcoin holdings to 1,570 BTC, acquired for around $117.8 million at an average cost of $75,039 per Bitcoin. The company's strategy has yielded a 37.4% return quarter-to-date and 58.4% year-to-date. This move follows in the footsteps of MicroStrategy Inc., which has also been aggressively building its Bitcoin reserves. Meanwhile, Bitcoin prices have shown resilience, returning to $98,000 after a weekend slump.
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