Jan 24, 08:01 PM

Semler Scientific Raises $85 Million, Up From $75 Million, Following $29 Million Paper Gain to Expand Bitcoin Strategy

Semler Scientific has increased its convertible notes offering to $85 million, up from an initial plan of $75 million, with a portion of the funds earmarked for further investments in Bitcoin. This move comes as the company aims to expand its Bitcoin strategy, following a reported $29 million paper gain. The decision reflects Semler's commitment to enhancing its position in the cryptocurrency market, signaling a robust approach to capitalizing on Bitcoin's potential.

#Semler Scientific #Bitcoin #Semler

Written with ChatGPT (GPT-4o mini).

Sources

Silicon Valley Business Journal@svbizjournal
11 months ago
Here's why a Santa Clara health tech company is making a big play with bitcoin. https://t.co/wJ5bVriCNT
CryptoSavingExpert ®@CryptoSavingExp
11 months ago
Semler Scientific Plans $75m Raise to Buy More Bitcoin Amid $29m Paper Gain A good decision? 👇👇👇 https://t.co/bT0mYnI9sn
Mario Nawfal’s Roundtable@RoundtableSpace
11 months ago
SEMLER’S GOING HARD WITH $85M AND MORE BITCOIN—THEY’RE NOT PLAYING AROUND Semler Scientific’s just cranked up its convertible notes offering to $85M and guess what? A chunk of that’s going straight into Bitcoin. The company’s throwing down some serious cash on capped call… https://t.co/M0xMUdcwKY

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Semler Scientific Raises $85 Million, Up From $75 Million, Following $29 Million Paper Gain to Expand Bitcoin Strategy

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