Fast Take
MicroStrategy was the primary publicly traded firm within the US to amass Bitcoin and use it as a treasury asset, starting this observe in August 2020. Since then, the corporate has amassed 214,400 BTC. A key metric for MicroStrategy is “BTC per Share,” which signifies the quantity of Bitcoin every excellent share of the corporate equates to, reflecting the Bitcoin publicity per share. At the moment, MicroStrategy’s BTC per share stands at 0.01209 BTC, in response to mstr-tracker, a vital determine that shareholders monitor to make sure growing Bitcoin worth per share.
Following MicroStrategy, Tesla exhibited fluctuating involvement with Bitcoin. Nonetheless, a second US publicly traded firm, Semler Scientific, has just lately adopted Bitcoin as a reserve asset. This announcement on Might 28 has led to a 38% surge in Semler Scientific’s share value over the previous 5 days. With a market capitalization of roughly $227 million, the corporate bought $40 million price of Bitcoin. With 6.9 million shares excellent, Semler Scientific now has a BTC per share of 0.0000842. This metric shall be essential for assessing the corporate’s Bitcoin publicity per share.
The publish Semler Scientific Bitcoin technique units BTC per share at 0.0000842 appeared first on CryptoSlate.
