Semler Scientific Buys Another $6 Million Worth of Bitcoin

Semler Scientific, a public medical technology company, announced it had purchased an additional $6 million worth of Bitcoin. This latest purchase brings its total Bitcoin holdings to 929 BTC, worth $63 million. JUST IN: 🇺🇸 Public Company Semler Scientific purchases additional 101 #Bitcoin for $6 million. pic.twitter.com/VLFwuPwXQV — Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 Semler adopted a Bitcoin treasury strategy in May 2024, following other public companies like MicroStrategy. Since then, it has aggressively acquired Bitcoin, citing it as a “compelling investment.” “We continue to firmly believe that Bitcoin is…

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Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works

Chainalysis’ head of investigations doesn’t seem to have a great understanding of whether her company’s flagship software even works. Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified she was “unaware” of scientific evidence for the accuracy of Chainalysis’ Reactor software used by law enforcement, an unreleased transcript of a June 23 hearing shows. The fact that Chainalysis’ blockchain demystification tools have become so widespread is a serious threat to the crypto ecosystem. Although industry insiders have raged against Chainalysis since it was founded, often accusing it of violating…

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