TechFlow News, according to Coindesk, Nasdaq-listed healthcare company Semler Scientific (SMLR) disclosed the purchase of 581 bitcoins as part of its treasury reserves, causing its stock price to rise 25% during early U.S. trading on Tuesday.
According to the company's latest earnings report, as of the end of the first quarter, this company—whose market capitalization was under $200 million prior to this morning's price surge—held $62.9 million in cash and cash equivalents. The company reported first-quarter revenue of $15.9 million and operating cash flow of $6.1 million.
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