The post Semler Scientific Buys 247 BTC, Plans To Raise $150M To Buy More BTC appeared first on Coinpedia Fintech News
The healthcare tech firm Semler Scientific has expanded its Bitcoin holdings by 247 coins for $17 million worth of cash, bringing its total portfolio to 828 BTC. It plans to raise funds worth $150 million to increase its Bitcoin holdings further. The CEO reveals that Semler is focused on expanding the healthcare business and acquiring and holding Bitcoin. The firm believes Bitcoin has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability.
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