Semler Scientific has put in motion a plan to purchase more Bitcoin using its $500 million offering. The healthcare tech firm unveiled this strategy following a $30 million settlement with the U.S. Department of Justice.

This significant financial move aims to strengthen Semler’s position in the cryptocurrency market amid a backdrop of increased volatility and regulatory scrutiny. Investors and analysts alike will be watching closely to see how this move impacts both Semler’s bottom line and the broader Bitcoin market.

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