Scientific Semler Health Company Nyerok 211 Bitcoin

Semler Scientific invests in Bitcoin. (Photo; Doc. CoinTurk)

JAKARTA - A technology company engaged in the health sector, Semler Scientific Inc., shows its courage in investing in Bitcoin. In the period 5 to 15 December 2024, the company added 211 BTC to its portfolio, worth around 21.5 million US dollars (IDR 344 billion).

The average price of Bitcoin that Semler bought in this period was 101,890 US dollars (Rp1.63 billion) per BTC. The total investment that Semler has spent on Bitcoin acquisitions reached US$168.6 million (Rp2.7 trillion), with an average price per BTC of US$80,916 (Rp1.29 billion).

The purchase of Bitcoin by Semler was funded through two main sources, namely direct market share offerings and cash flow from the company's operations. This stock offering has proven to be a means of raising effective funds.

It was recorded that Semler managed to raise 100 million US dollars (Rp1.6 trillion) from the sale of shares as of December 13, 2024. In addition, the company also increased their share offering capacity to 150 million US dollars (Rp2.4 trillion).

Semler's success in increasing the amount of Bitcoin it has can be seen from the metric called "BTC Yield." This metric is used to measure Semler's Bitcoin ownership growth compared to the number of outstanding stocks.

Between July and December 2024, BTC Yield Semler recorded a jump of up to 92.8%. This achievement shows that Semler's Bitcoin investment strategy can generate significant profits, although this metric is not a traditional indicator for the company's financial performance.

However, despite its focus on Bitcoin, Semler emphasized that their share price does not only depend on the value of the Bitcoin market. The company states that many other factors also affect stock prices, such as their operational performance and long-term plans.