SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today announced that it has purchased an additional 83 bitcoins for $5.0 million in cash, inclusive of fees and expenses.
SANTA CLARA, Calif. , Aug. 5, 2024 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today reported financial results for the second quarter ended June 30, 2024.
Semler Scientific acquired 828 BTC for $57 million, spending 90% of their cash reserves on Bitcoin purchases. Market has responded positively to the Bitcoin treasury strategy. SMLR's quant metrics are strong, and the QuantaFlo product has a moat.
Semler Scientific has launched a Bitcoin treasury strategy, purchasing $57 billion for its balance sheet this year. The move marks a major pivot compared to the company's medical technology business. The stock price direction is now tied to the direction of Bitcoin, but core operating trends should keep shares volatile.
SANTA CLARA, Calif. , July 22, 2024 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today announced that it will report financial results for the second quarter and six months ended June 30, 2024, after the close of U.S. financial markets on Monday, August 5, 2024.
SANTA CLARA, Calif. , June 6, 2024 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today announced that it has purchased an additional 247 bitcoins for an aggregate $17 million in cash, inclusive of fees and expenses.
Semler Scientific has committed to a Bitcoin-based treasury plan, starting with a $40 million crypto investment. The stock surged 43% after this announcement.
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