Semler Scientific Applies for $500 Million Bond Issuance...Purpose to Purchase Bitcoin

Source
Uk Jin

Summary

  • It is reported that Semler Scientific has applied for the issuance of $500 million in bonds to purchase Bitcoin.
  • The company is pushing for bond issuance by submitting an S-3 registration statement to the SEC.
  • The issued bonds are expected to be used for corporate operations, including the purchase of Bitcoin.

Nasdaq-listed company Semler Scientific, which has incorporated Bitcoin (BTC) as a major asset, has submitted an application to issue short-term bonds.

According to WuBlockchain on the 15th (local time), Semler Scientific submitted an S-3 registration statement to the Securities and Exchange Commission (SEC) to apply for the issuance of $500 million in bonds.

The purpose of the issuance is stated to be for corporate operations, including the purchase of Bitcoin.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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