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Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth

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Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
Bitcoin
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption GrowthSemler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We believe this increasing institutionalization will drive value for both bitcoin prices and for our stockholders.” Semler Scientific Expands Bitcoin Holdings Amid Growing Institutional Interest Semler […]
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Nigerian SEC tightens crypto marketing rules

Nigerian SEC tightens crypto marketing rules

Metaplanet, Semler Scientific were ‘zombie companies’ until Bitcoin, execs say

Coin Telegraph
Metaplanet, Semler Scientific were ‘zombie companies’ until Bitcoin, execs say
Bitcoin conference

Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year.

Executives at Metaplanet and Semler Scientific say MicroStrategy’s Bitcoin playbook inspired them to follow suit and emerge from “zombie” status this y— while their share prices have soared.

“We were hearing Michael Saylor talk about zombie companies, and we realized we were probably one of those companies because we were not getting any love in the stock market, our stock was not performing well, and we were still very cash-rich,” Semler Scientific’s chairman Eric Semsler explained at the Bitcoin Conference in Nashville on July 25.

Zombie companies earn just enough to continue operating and service debts but have no excess capital to spur growth and are often close to insolvency.

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Nigerian SEC tightens crypto marketing rules

Nigerian SEC tightens crypto marketing rules

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