SANTA CLARA, Calif. , Nov. 4, 2024 /PRNewswire/ -- Semler Scientific, Inc.
(Nasdaq: SMLR ), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today reported financial results for the third quarter ended September 30, 2024 . In addition, Semler Scientific announced the purchase of an additional 47 bitcoins for an aggregate amount of $3.0 million from operating cash flow since August 26, 2024 .
Semler Scientific now holds 1,058 bitcoins for a total purchase amount of $71.0 million as of November 4, 2024 . "We are pleased to report strong performance from our healthcare business with income from operations of $5.
1 million in the third quarter," said Doug Murphy-Chutorian , MD, chief executive officer of Semler Scientific. "We remain laser focused on acquiring and holding bitcoin , while supporting innovation and growth in our healthcare business." "We are capitalizing on the opportunity to maximize stakeholder value by accumulating bitcoin ," said Eric Semler , chairman of Semler Scientific.
"We plan to continue to purchase bitcoin with cash from operations and with cash proceeds from our sales under our ATM program. In addition, we are exploring additional financing opportunities that will enable us to acquire even more bitcoin ." FINANCIAL RESULTS For the third quarter ended September 30, 2024 , compared to the corresponding period of 2023, Semler Scientific reported: Revenues of $13.
5 million , a decreas.