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<ul> 
 <li>Semler Scientific plans to fund Bitcoin purchases by selling stock, aligning with broader corporate crypto trends.</li> 
 <li>SEC scrutiny may delay Semler’s stock sale and Bitcoin acquisition plans.</li> 
 <li>Initial $57M Bitcoin buy reflects corporate shift to digital assets as reserve strategy.</li> 
</ul> 
<p>Semler Scientific, a medical technology company, recently announced plans to acquire more Bitcoin through stock transactions, boosting its total holdings. This decision continues a trend of greater corporate investment in Bitcoin, driven by the SEC’s recent approval of spot Bitcoin ETFs. The corporation wants to fund the acquisition by selling stock put aside for general corporate purposes, such as expanding its cryptocurrency holdings.</p> 
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   <p lang="en" dir="ltr">JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Public Company Semler Scientific is looking to sell stocks to buy more <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/lhwfPNfKKa">pic.twitter.com/lhwfPNfKKa</a></p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1816779763794542885?ref_src=twsrc%5Etfw">July 26, 2024</a>
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<p>Nevertheless, the firm’s approval process for Semler Scientific’s stock sale proposal may be delayed due to SEC’s cautious stance on cryptocurrency, particularly Bitcoin. The corporation acknowledged that, while the SEC has yet to approve their approach, they are optimistic about a settlement allowing them to proceed with their Bitcoin investments.</p> 
<p>The SEC’s approval of spot Bitcoin ETFs raised institutional investors’ interest in Bitcoin, corresponding to a shifting perception of Bitcoin as a legitimate store of value for corporate balance sheets. Semler Scientific’s initial purchase of $57 million in Bitcoin reflects a larger corporate trend towards using digital assets into treasury management techniques. This trend reflects a heightened interest in diversifying assets and testing the cryptocurrency’s reliability during economic fluctuations.</p> 
<h2 class="wp-block-heading" id="h-industry-perspectives">Industry Perspectives</h2> 
<p>While adopting Bitcoin can boost asset growth and safeguard against inflation, it also exposes firms to the substantial volatility of the cryptocurrency market. Rapid development might result in benefits, the asset getting connected to Bitcoin can lead to a stock drop in a bear market. <br><br>In another development, gold advocate and BTC critic Peter Schiff indicated that Michael Saylor’s plan to persuade more CEOs to hold Bitcoin reserves has failed.&nbsp;</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/semler-scientific-buys-17-million-to-raise-bitcoin-holdings-to-828-btc/">Semler Scientific Buys $17 Million to Raise Bitcoin Holdings to 828 BTC</a></li> 
 <li><a href="https://cryptonewsland.com/bitcoin-miner-core-scientific-bondholders-tap-legal-adviser/">Bitcoin Miner Core Scientific Bondholders Tap Legal Adviser</a></li> 
 <li><a href="https://cryptonewsland.com/core-scientific-falls-to-78m-market-cap-bankruptcy-loom/">Core Scientific Falls to 78M Market Cap, Bankruptcy Loom</a></li> 
 <li><a href="https://cryptonewsland.com/troubled-bitcoin-miner-core-scientific-on-bankruptcy-risk/">Troubled Bitcoin Miner Core Scientific on Bankruptcy Risk</a></li> 
 <li><a href="https://cryptonewsland.com/u-s-bitcoin-miners-achieve-record-market-cap-amid-industry-growth/">U.S. Bitcoin Miners Achieve Record Market Cap Amid Industry Growth</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/semler-scientific-seeks-to-expand-bitcoin-portfolio-through-stock-sales/">Semler Scientific Seeks to Expand Bitcoin Portfolio Through Stock Sales</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Semler Scientific Seeks to Expand Bitcoin Portfolio Through Stock Sales

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Ďalšie články zverejnené 26. 7. 2024

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