Semler Scientific adopts Bitcoin as primary Treasury Reserve Asset

Semler Scientific has announced Bitcoin has now been chosen as the main treasury asset of this company. Board of Directors for the groundbreaking healthcare marketing tech company has revealed their BTC adoption strategies.

Semler also revealed that it had acquired 581 BTC worth a total $40 million. In contrast, this newly-implemented strategy marks a major step in the mainstream adoption of bitcoin. Semler Scientific as well as companies such MicroStrategy These are the top cryptocurrencies in the current market.

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Semler Scientific Announces New Bitcoin Strategy

Bitcoin made huge strides in this past year to become more prevalent within the financial world. In fact, it all began in January when the US Securities and Exchange Commission approved Spot Bitcoin Exchange Traded Funds. In the years since, many financial institutions have adopted cryptocurrency.

Semlar Scientific announced their new Bitcoin Treasury strategy and a $40,000,000 acquisition of this asset. The company’s Board of Directors revealed that BTC is its main treasury asset. Eric Selmer spoke about the decision today in a company press release.

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“Our Bitcoin treasury strategy and purchase of Bitcoin underscore our belief that Bitcoin is a reliable store of value and a compelling investment,” Semler said. He also called BTC a “major asset class,” When referring to its $1 trillion value,

“WE believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge,” Semler said. Semler added. “digital, architectural resistance,” Gold is a good alternative to gold.

It was stated by the company that they had “spent substantial time” Exploring alternative Treasury Assets It studied cash’s potential, but ultimately discovered Bitcoin’s viability and usefulness in this capacity.