Semler Scientific to Issue $75 Million in Convertible Bonds... "Part of Proceeds to Buy Bitcoin"
Doohyun Hwang
Summary
- Semler Scientific announced it will issue $75 million in convertible bonds.
- They stated that part of the bond proceeds will be used to purchase Bitcoin.
- Semler Scientific has disclosed that they have purchased a total of 237 Bitcoins over the past month.
Nasdaq-listed Semler Scientific is set to purchase Bitcoin through the issuance of large-scale convertible senior bonds.
On the 23rd (local time), Semler Scientific announced in a press release that it plans to issue $75 million worth of convertible preferred bonds maturing in 2030, stating, "We will sell these through a public offering and use part of the proceeds to purchase Bitcoin."
Meanwhile, Semler Scientific has been aggressively purchasing Bitcoin over the past month. From the 16th of last month to the 10th of this month, the number of Bitcoins acquired by Semler Scientific amounts to 237.
Doohyun Hwang
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