Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO

Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November.

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Semler Scientific says it plans to continue amassing Bitcoin after third-quarter results showed the company added another $2.6 million of Bitcoin to its coffers since October. 

“We remain laser-focused on acquiring and holding Bitcoin, while supporting innovation and growth in our healthcare business,” said Semler Scientific CEO Doug Murphy-Chutorian in a Nov. 4 statement.

Semler said it held 1,058 Bitcoin (BTC) as of Nov. 4 for an all-in purchase amount of $71 million. It spent $8.4 million purchasing 141 BTC over the quarter ending Sept. 30 and bought an additional 40 BTC for $2.6 million since the end of Q3.

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