Public company Semler Scientific invested $88.5 million to increase its holdings by 871 BTC
ChainCatcher news, according to official sources, the U.S. listed company Semler Scientific announced today that it has invested $88.5 million to increase its holdings by 871 BTC. Since July 1, 2024, Semler Scientific's BTC yield has been 152%, and it currently holds 3,192 BTC.
In previous news, the U.S. listed company Semler Scientific plans to issue convertible preferred notes with a total principal amount of $85 million to qualified institutional buyers through a private placement, maturing in 2030. Semler Scientific intends to use a portion of the net proceeds from the issuance to cover the costs of the capped subscription transaction, with the remaining net proceeds allocated for general corporate purposes, including the purchase of Bitcoin.