Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842


Quick
Take

MicroStrategy
was
the
first
publicly
traded
company
in
the
US
to
acquire
Bitcoin
and
use
it
as
a
treasury
asset,
beginning
this
practice
in
August
2020.
Since
then,
the
company
has
amassed

214,400
BTC.
A
key
metric
for
MicroStrategy
is
“BTC
per
Share,”
which
indicates
the
amount
of
Bitcoin
each
outstanding
share
of
the
company
equates
to,
reflecting
the
Bitcoin
exposure
per
share.
Currently,
MicroStrategy’s
BTC
per
share
stands
at
0.01209
BTC,
according
to

How To Get Free Crypto  

mstr-tracker,
a
crucial
figure
that
shareholders
monitor
to
ensure
increasing
Bitcoin
value
per
share.

MSTR
BTC
per
share:
(Source:
mstr-tracker)

Following
MicroStrategy,

Tesla
exhibited
fluctuating
involvement
with
Bitcoin.
However,
a
second
US
publicly
traded
company,

Semler
Scientific,
has
recently
adopted
Bitcoin
as
a
reserve
asset.
This
announcement
on
May
28
has
led
to
a
38%
surge
in
Semler
Scientific’s
share
price
over
the
past
five
days.
With
a
market
capitalization
of
approximately
$227
million,
the
company
purchased
$40
million
worth
of
Bitcoin.
With

6.9
million
shares
outstanding,
Semler
Scientific
now
has
a
BTC
per
share
of
0.0000842.
This
metric
will
be
crucial
for
assessing
the
company’s
Bitcoin
exposure
per
share.

Go to Source
Author: James Van Straten


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