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Strategy and Saylor Follower Announces New Bitcoin Purchase
In a recent development, Semler Scientific, a company led by Eric Semler, has announced the purchase of new Bitcoins. This move comes as no surprise, given the company’s long-term focus on accumulating the cryptocurrency.
As part of its strategy, Semler is using equity capital to back a long-term Bitcoin plan. The company has been tracking this metric, known as “BTC Yield,” which takes into account share dilution and the amount of Bitcoin per assumed diluted share. This KPI provides a window into how Semler thinks about using equity capital to support its Bitcoin accumulation strategy.
The company’s decision to purchase new Bitcoins is seen by many as a bold move in the cryptocurrency market, where prices have been experiencing significant fluctuations. While some may view this as a risk, others see it as an opportunity to accumulate more value over the long term.
It remains to be seen how Semler Scientific’s Bitcoin strategy will play out in the future. However, one thing is clear: the company’s commitment to its long-term vision has not wavered, and investors will be keeping a close eye on developments.
In related news, Solana has outperformed Ethereum in a key DeFi profitability metric, sparking interest among market analysts. The full implications of this development remain unclear, but one thing is certain: the cryptocurrency market is never static, and investors must stay informed to make informed decisions.
U.Today will continue to track these developments and provide updates as more information becomes available.
Source: https://u.today/strategy-and-saylor-follower-announces-new-bitcoin-purchase
