The company clarified that as of April 24, 3303 bitcoin is in its possession. A total of $ 290.4 million was spent on them at an average price of $ 87,929 per bitcoin, including all fees and expenses. The management of Semler Scientific reported that as a result of bitcoin purchases, the company’s profitability since the beginning of the year was 23.5%.
The company buys cryptocurrency for money proceeds from the sale of additional issues of shares. Earlier, Semler Scientific has entered into an agreement on the sale of shares with the American company Cantor Fitzgerald, in which it issued and sold 2,438,274 papers, helping them $ 126 million.
On April 15, Semler Scientific has concluded a new agreement on the sale of controlled shareholder-with Barclays Capital, Cancer Fitzgorald, Canaccord Genuity, Nedham & Company, Craig-Hallum Capital Group and Lake Street Capital Markets. Thanks to this agreement, Semler Scientific issued and sold 57,100 shares for about $ 2 million.
One of the largest public holders of Bitcoin is Strategy, previously known as Microstrategy. However, in early April, Strategy reported on losses of $ 5.91 billion due to increased volatility of cryptocurrency against the backdrop of the fall of financial markets.
Source: Bits
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