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    Home » Semler Scientific Buys Additional 871 BTC for $88.5M, Boosting Holdings to 3,192 Bitcoin
    Bitcoin

    Semler Scientific Buys Additional 871 BTC for $88.5M, Boosting Holdings to 3,192 Bitcoin

    Andrei IonescuBy Andrei IonescuTuesday, 4 February 2025, 18:48No Comments2 Mins Read

    Semler Scientific (NASDAQ: SMLR) has significantly expanded its Bitcoin treasury, purchasing an additional 871 BTC for $88.5 million, the company announced on Monday. The acquisition was funded using proceeds from its January 2025 senior convertible notes offering, with an average purchase price of $101,616 per Bitcoin.

    This latest purchase brings Semler Scientific’s total Bitcoin holdings to 3,192 BTC, acquired at an aggregate cost of $280.4 million, with an average purchase price of $87,854 per Bitcoin.

    Impressive Bitcoin Yield of 152.2%

    According to the company’s press release, Semler Scientific’s Bitcoin yield stands at an impressive 152.2%. This yield reflects the percentage change in the ratio of its Bitcoin holdings to its fully diluted shares outstanding over a specified period, underscoring the company’s strategic bet on Bitcoin as a key asset.

    Semler’s continued accumulation of Bitcoin aligns with a growing trend of corporate adoption of digital assets, as companies increasingly view Bitcoin as a store of value and strategic treasury reserve. The firm’s aggressive Bitcoin strategy mirrors that of other public companies like MicroStrategy, which has also made headlines for its substantial Bitcoin investments.

    As Bitcoin continues to experience volatility amid shifting macroeconomic conditions, Semler Scientific’s bold moves highlight the growing intersection between traditional finance and the crypto ecosystem.

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    Andrei Ionescu

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