Healthcare technologies company Semler Scientific has added more Bitcoin to its corporate treasury, joining a growing list of companies hoarding the asset this year.
Semler bought 303 Bitcoin at an average price of $96,779 from November 25 to December 4, according to a statement on Wednesday.
“We are very pleased to report BTC Yield of 78.7%,” Company Chairman Eric Semler said in the statement.
The Santa Clara, California-based firm now boasts holdings of 1,873 Bitcoin, valued at more than $189 million at current prices.
Semler has periodically added to its holdings throughout the year, most recently purchasing 215 Bitcoin in early November.
Its treasury stash of 1,873 BTC places it 14th among publicly traded companies, according to Bitcoin Treasuries data gathered by BitBo.
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Author: Logan Hitchcock
