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    Semler Scientific sees 37.3% return on Bitcoin strategy, boosts holdings as Metaplanet invests with bonds

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    Tech company Semler Scientific has reported a 37.3% return on its Bitcoin investments since initiating its Bitcoin-focused strategy earlier this year. Recently, the firm added 215 Bitcoins to its stake, bringing its total to 1,273, representing a value of $114 million. Semler-grows, encourages investors with impressive Bitcoin returns and helps them understand their strategy by monitoring Bitcoin yield. In addition, Metaplanet, a Japanese investment company, announced it had issued one-year bonds worth around $11.3 million to purchase more Bitcoin.

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    Tech company Semler Scientific announced that it’s earned a 37.3% return on its Bitcoin investments since starting its Bitcoin-focused strategy earlier this year. This profit shows positive growth for anyone invested in the company.

    Semler uses their return on Bitcoin – or ‘BTC yield’ – to measure how well their Bitcoin buying strategy is working. They use this info to help investors understand why they’ve been using their stock to buy more Bitcoin. Another company, MicroStrategy, also tracks their Bitcoin buys this way.

    [Semler Scientific beefs up Bitcoin stash to 1,273]
    On November 18, Semler announced that it bought an extra 215 Bitcoins for $17.7 million in cash during the first half of November. The Bitcoins were bought at an average price of $82,502, which includes all fees and costs.

    With its latest Bitcoin buy, Semler now owns 1,273 Bitcoins. They bought these for $88.7 million at an average price of $69,682. Since Bitcoin is now valued at about $89,600, the worth of Semler’s Bitcoin collection is around $114 million.

    Eric Semler, the boss of Semler Scientific, said in a media announcement that their company’s profits show that they’ve built up a significant Bitcoin treasure for their investors. He added, “We’ve made a Bitcoin yield of 37.3% since introducing our Bitcoin strategy in the second quarter of this year.”

    A few weeks ago, the company’s CEO, Doug Murphy-Chutorian, said Semler Scientific is serious about buying and keeping Bitcoin. He also mentioned that the company is looking out for financial opportunities which could enable it to buy even more Bitcoin.

    [Metaplanet reveals $11.3 million bond release to buy extra Bitcoin]
    On Monday, November 18, Japanese investment company Metaplanet announced that they also plan to buy more Bitcoin. Metaplanet stated they issued regular one-year bonds worth 1.75 billion yen (around $11.3 million) to purchase more Bitcoin. The public company revealed that their board of directors decided to issue the bonds with an annual interest rate of 0.36%. The company intends to repay the bonds by November 17, 2025.

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