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Bitcoin Adoption Skyrockets, Semler Scientific Buys $21.5M in BTC
In a recent move that highlights the rapid surge in institutional adoption of Bitcoin (BTC), medical technology company Semler Scientific has announced the acquisition of 211 BTC worth $21.5 million at an average price of $101,890 per coin.
As reported by Eric Semler, the chairman of the firm, this purchase is just the latest example of a growing trend towards mainstream acceptance and investment in digital assets. The significant investment by Semler Scientific has further fueled the bullish sentiment surrounding Bitcoin, with prices surging to over $103,000 per coin as of this report.
The acquisition follows closely on the heels of a similar move made by business intelligence software company MicroStrategy, which recently purchased 15,350 BTC for a staggering $1.5 billion.
Source: coinpedia.org
