
Semler Scientific (SMLR), a medical device manufacturer, has purchased $17 million worth of Bitcoin, acquiring 248 BTC. The company plans to raise an additional $150 million to further increase its Bitcoin holdings. This move is part of a broader strategy similar to that of MicroStrategy, led by Michael Saylor. Semler's total Bitcoin holdings have increased by 42% to 828 BTC. The company has announced a $200 million shelf offering, comprising $150 million in debt and $50 million in equity, which could potentially allow them to acquire up to 2,900 additional BTC, totaling up to $260 million worth of Bitcoin. SMLR shares are up 1.7% pre-market.
$SMLR step up in purchases of #bitcoin 🚨⏰ - buys 247 $BTC taking its holdings up by 42% to 828 $BTC held on balance sheet - announces $200mm shelf ($150mm debt offering and $50mm equity) - could acquire ~2,900 additional $BTC - in total, up to $260mm worth of $BTC Semler's… https://t.co/nDcEeBT2s9
$SMLR (+1.7% pre) Semler Scientific (SMLR) Buys 247 Additional BTCs (running the Michael Saylor $MSTR playbook? ) https://t.co/bhCScOBqWQ
Semler Doubles Down on MicroStrategy Playbook With $150 Million Bitcoin Buy ► https://t.co/fe8zmbuXAA https://t.co/fe8zmbuXAA


