Summary
- Semler Scientific recently announced the purchase of an additional 455 Bitcoins for approximately $50 million.
- CEO Eric Semler emphasized that this has led to a BTC return of 25.8% since the beginning of the year.
- The company's total Bitcoin holdings are 4264, and they are accelerating asset accumulation through the flywheel structure.
US Nasdaq-listed company Semler Scientific recently announced the purchase of an additional 455 Bitcoins (BTC) for approximately $50 million.
On the 23rd, Eric Semler, CEO of Semler Scientific, stated on X (formerly Twitter), "We purchased 455 Bitcoins for $50 million, and the BTC return since the beginning of the year is 25.8%."
He added, "Our total Bitcoin holdings are currently 4264 BTC. The flywheel is in motion." The flywheel refers to a virtuous cycle where asset accumulation accelerates through repeated profit generation and reinvestment.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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