California-based Semler Scientific continues to grow its Bitcoin investments, recently acquiring an additional 273 BTC, inspired by MicroStrategy's success.
Strategic Bitcoin Acquisition Amid Volatility
The recent purchase cost the company approximately $23.3 million. This acquisition took place during a bearish price volatility period, with each coin purchased at an average price of $98,267. Since adopting its Bitcoin strategy in May 2024, Semler Scientific has achieved a 99.3% yield in BTC. As of January 10, 2025, the company holds 2,231 BTC, having spent approximately $191.9 million on acquisitions.
Corporate Players Inspired by MicroStrategy's Success
Like MicroStrategy, Semler Scientific continues to acquire Bitcoin, seeing positive results from this strategy. MicroStrategy now holds 447,470 BTC, making it the largest corporate holder. Inspired by MicroStrategy's achievements, other companies like Semler Scientific and Metaplanet are also increasing their Bitcoin holdings, hoping to replicate their success.
Despite recent price fluctuations, investor interest in Bitcoin remains strong. Corporations are continuing to leverage this strategy for asset diversification and increased profitability, following MicroStrategy's lead.
