In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n
Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings<\/a><\/p>\n\n\n\n Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The notes will bear an annual interest rate of 2.25%, payable semi-annually on June 15 and December 15, beginning this December. They will mature in June 2032, unless previously repurchased, redeemed, or converted.<\/p>\n\n\n\n See Related: <\/em><\/strong>Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings<\/a><\/p>\n\n\n\n Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Later this week, the company stated it could potentially raise up to $786 million from the offering if initial purchasers opt to buy additional notes. Before this announcement, MicroStrategy has a total holdings of 214,400 BTC. The company now owns over 1% of Bitcoin's total supply, which is capped at 21 million BTC.<\/p>\n\n\n\n The notes will bear an annual interest rate of 2.25%, payable semi-annually on June 15 and December 15, beginning this December. They will mature in June 2032, unless previously repurchased, redeemed, or converted.<\/p>\n\n\n\n See Related: <\/em><\/strong>Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings<\/a><\/p>\n\n\n\n Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\n Nasdaq-listed healthcare tech firm Semler Scientific announced <\/a>on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further increase its bitcoin holdings.<\/p>\n\n\n\n Currently, Semler Scientific has a total of 828 BTC. The average price when acquired was $57 million and is now valued at nearly $59 million at bitcoin's current price.<\/p>\n\n\n\n \"Semler remains focused on our two strategies of expanding our healthcare business and acquiring and holding bitcoin,\" said Semler Scientific's chief executive officer, in a release. \"The company now holds 828 bitcoins, underscoring our view that bitcoin is a compelling investment and can serve as a reliable store of value. We will continue to pursue our strategy of purchasing bitcoins with cash.\"<\/em><\/p>\n\n\n\n \"We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,\" <\/em>the filing stated, adding that the company does not plan to buy other cryptocurrencies.<\/p>\n\n\n\n The company acknowledged bitcoin's volatility in the filing, noting that future price fluctuations might result in converting bitcoin purchased with the raise's proceeds into cash worth significantly less than the initial proceeds.<\/p>\n\n\n\n See Related: <\/em><\/strong>FTX Settles European Expansion Dispute For $33M<\/a><\/p>\n\n\n\n In February 2024, MicroStrategy expanded its bitcoin holdings by acquiring an additional 3,000 BTC, bringing its total to 193,000 BTC. This purchase underscores the company's robust commitment to Bitcoin as a strategic asset.<\/p>\n\n\n\n Shortly after that, on March 13, 2024, MicroStrategy announced a $500 million convertible debt offering. The funds raised are intended to further increase its bitcoin reserves.<\/p>\n","post_title":"Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"semler-scientific-announces-150-million-fundraising-to-boost-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-06-10 03:38:12","post_modified_gmt":"2024-06-09 17:38:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17274","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
MicroStrategy announced that the company planned to issue $500 million worth of unsecured senior convertible notes. The funds will be used for purchasing Bitcoin and for general corporate purposes. <\/p>\n\n\n\n Later this week, the company stated it could potentially raise up to $786 million from the offering if initial purchasers opt to buy additional notes. Before this announcement, MicroStrategy has a total holdings of 214,400 BTC. The company now owns over 1% of Bitcoin's total supply, which is capped at 21 million BTC.<\/p>\n\n\n\n The notes will bear an annual interest rate of 2.25%, payable semi-annually on June 15 and December 15, beginning this December. They will mature in June 2032, unless previously repurchased, redeemed, or converted.<\/p>\n\n\n\n See Related: <\/em><\/strong>Semler Scientific Announces $150 Million Fundraising To Boost Bitcoin Holdings<\/a><\/p>\n\n\n\n Semler Scientific, a healthcare tech firm, announced last week that it purchased 247 BTC for $17 million. They also said that the company plans to raise $150 million using debt securities and common stocks to raise its bitcoin holdings.<\/p>\n\n\n\n Metaplanet, a Japanese investment firm, shared that<\/a> the company now held 141 BTC since April. The strategic move is said to hedge against Japan's debt. The company plans to acquire more bitcoin by issuing long-dated yen liabilities when the opportunity arises.<\/p>\n\n\n\n Both companies are consistently buying Bitcoin and trying to leverage debts to acquire more BTC.<\/p>\n","post_title":"MicroStrategy Aims For $786 Million In Bitcoin Investment With Convertible Notes","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-aims-for-786-million-in-bitcoin-investment-with-convertible-notes","to_ping":"","pinged":"","post_modified":"2024-06-19 23:29:36","post_modified_gmt":"2024-06-19 13:29:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17393","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17274,"post_author":"15","post_date":"2024-06-10 03:38:09","post_date_gmt":"2024-06-09 17:38:09","post_content":"\nMicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
Semler Scientific Announcement<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
Semler Scientific Announcement<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
Semler Scientific Announcement<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
Semler Scientific Announcement<\/h2>\n\n\n\n
MicroStrategy Bitcoin Expansion<\/h2>\n\n\n\n
Semler Scientific Announcement<\/h2>\n\n\n\n