Semler Scientific doubles his game Bitcoin (BTC). The CEO of the health care company, Eric Semler, has just announced an acquisition of 111 other BTCs for 10 million dollars, bringing total assets to 3,303 BTC. This is the last decision of a strategy that has become as much capital allowance as chronic care technology.
The accumulation of Semler Scientific, carried out between February and April, reached an average price of $ 90,124 per BTC – just above the overall average of the company of $ 87,929. The purchase was financed by a mixture of equity ATM capital and existing cash. As of April 24, this Bitcoin reserve is worth around $ 309 million.
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The timing is also interesting here. The latest purchase one day came after a Bitcoin strategy event at the same time assisted by Michael Saylor from Semler and Microstrategy, whose influence on this game book is no secret.
But raw assets are not the only metric that Semler wants you to see. Enter BTC renders, a local KPI that the company now uses to follow how Bitcoin accumulation accumulates in relation to the dilution of actions.
Currently, the BTC yield is 23.5% year -old up to date. It is not a return in the sense of traditional finances, but it offers a signal: more bitcoin by supposed diluted part and, in theory, more value per shareholder – if you buy the thesis.
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This metric is delivered with warnings. It is not a performance measure, it is not PCGR and it does not reflect the operational results. However, this gives a window on how Semler thinks of using equity to support a long -term Bitcoin strategy.
