Healthcare Tech Company Acquires $40 Million Worth of Bitcoin
An American company specializing in healthcare technology has just bought 581 Bitcoins of 40 million dollars.
Eric Semler, president of Semler Scientific, said the company believes Bitcoin is a trustworthy store of value and good investment.
He said as well that Bitcoin market capitalization is over $1 trillion dollars and has strong financial support from many different countries which each have their own technology ecosystems but rely on one another.
As the only expected vehicle to provide significant yields for relief from prices which are still increasing around the world today, he explained.
READ MORE: Mt. Gox Moves $9.62 Billion in Bitcoin, Signaling Potential Repayments
Bitcoin has so many great features to be had with increased use in Bitcoin; therefore Eric Semler is not pessimistic about the future potential for cryptocurrency as a suitable alternative financial vehicle capable of significant return.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
