Semler Scientific Inc. (SMLR), a commercial-stage medical device company, has adopted Bitcoin as a key treasury asset, citing its confidence in Bitcoin's value stability and investment potential.
The company has also purchased 581 bitcoins for an aggregate amount of $40 million, inclusive of fees and expenses.
Commenting on the Bitcoin treasury strategy, Eric Semler, the company's chairman, said, "After studying various alternatives, we decided that holding bitcoin would be the best use of our excess cash."
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.