Strategy, Semler bag 2K Bitcoin as price edged toward $100K last week
Michael Saylor’s Strategy slowed Bitcoin purchases as BTC approached $100,000, acquiring 1,895 Bitcoin for $180.3 million from April 28 to May 4 at an average price of $95,167 per BTC, as reported in a recent SEC filing. This purchase is notably smaller than previous acquisitions. In contrast, Semler Scientific, a US healthtech firm, increased its crypto investments, acquiring 167 Bitcoin for $16.2 million between April 30 and May 2, at an average price of $97,093 per BTC. This represents a significant increase from Semler’s prior purchase announced on April 25. By May 2, Semler held a total of 3,634 BTC, purchased for an average of $88,668 per BTC. In comparison, Strategy holds a total of 555,450 BTC, acquired for $68,550 per BTC. The growing interest from companies like Semler, despite rising prices, highlights a shift in the corporate investment landscape for Bitcoin.
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