37 after technology solutions provider Semler Scientific adopted Bitcoin as a reserve earlier this year.
On the 18th (local time), Semler Scientific announced that it had invested $17.7 million (approximately 2.7 billion yen) in 215 businesses between the 6th and 15th.
With this purchase, the company's Bitcoin holdings will reach 1,273 BTC, which is worth approximately $114 million (approximately 17.585 billion yen) at current exchange rates.
The company uses BTC Yield as a key performance indicator (KPI) to evaluate the success of its BTC buying strategy, which is calculated by the amount of additional issuance that investors receive.
This helps to understand the decision to fund the purchase of BTC through equity. Eric Semler of Semler Scientific
In a press release, Chairman Semler emphasized that the BTC return represents a substantial accumulation of Bitcoin for shareholders.
Since adopting the Bitcoin Reserve strategy in the quarter, we have achieved a 37.3% BTC return."
2024/11/19 17:39 KST
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