Corporate Bitcoin Bonanza: Strategy Scoops Up 1,895 BTC as Semler Joins Frenzy with 167 BTC Buy
Wall Street’s latest flavor of institutional FOMO hits overdrive as two firms pile into Bitcoin—because nothing says ’hedge against inflation’ like chasing volatile assets at all-time highs.
Strategy’s 1,895 BTC grab dwarfs Semler’s 167 BTC play, but both moves scream one thing: corporations still think crypto winter is someone else’s problem. Meanwhile, treasury departments everywhere suddenly remember they forgot to rebalance their portfolios.
Pro tip for CFOs: maybe check the blockchain’s volatility charts before redeploying shareholder cash into digital gold 2.0.
Semler Scientific expands BTC treasury position
Joining the growing list of corporate bitcoin holders, Semler Scientific disclosed the purchase of 167 bitcoin for $16.2 million last week.
The company now holds 3,634 BTC in total and has generated a 22.2% year-to-date yield on its bitcoin holdings, making it the fourth-largest public bitcoin treasury in the U.S.