TechFlow news: Semler Scientific, a healthcare company listed on Nasdaq, announced it will adopt Bitcoin as its primary reserve asset, having purchased 581 bitcoins for a total of $40 million, including fees and expenses.
"Bitcoin is now a major asset class with a market capitalization exceeding $1 trillion," said Eric Semler, the company's chairman. "We believe its unique scarcity and finite nature make it a sound hedge against inflation and a safe haven during times of global instability. We also consider its digital and structural resilience superior to gold, which has a market capitalization approximately ten times that of Bitcoin. Given the valuation gap between gold and Bitcoin, we believe Bitcoin has the potential to generate excess returns as it gains increasing recognition as digital gold."
