Semler Scientific has purchased 165 bitcoins for $15.7 million, bringing total holdings to 3,467 BTC valued at about $330.6 million. The acquisition, funded largely through an equity offering, highlights the company’s ongoing strategic investment in Bitcoin as a treasury reserve asset. Semler’s year-to-date yield on Bitcoin is 23.8%.
Semler Scientific (NASDAQ: SMLR) announced on Monday that it has increased its Bitcoin holdings significantly, purchasing 165 bitcoins between April 25 and April 29, 2025. The average purchase price for these bitcoins was noted at $94,931 each, inclusive of fees and expenses. This new acquisition is part of their broader strategy to enhance treasury reserves through cryptocurrency investment.
The recent purchase has taken Semler’s total Bitcoin holdings to 3,467 BTC, a notable investment totalling around $306.1 million, equating to an average cost of $88,263 per bitcoin. With Bitcoin prices fluctuating, the company’s total BTC holdings are currently valued at approximately $330.6 million. This reflects the growing momentum and stability they are deriving from this asset class.
Semler has proven to be a resilient player in this market, achieving a year-to-date Bitcoin yield of 23.8%. The latest purchase has been financed through their newly launched $500 million at-the-market (ATM) offering programme. During the period from April 25 to April 29, Semler successfully sold around 559,000 shares of its common stock, netting about $19.5 million after accounting for sales commissions.
The company began its journey into Bitcoin investment back in May 2024. They marked a significant step, becoming the second public company in the United States to embrace Bitcoin as a primary treasury reserve asset. It’s been an ambitious strategy, blending various financial mechanisms including equity financing and operational cash flow to build this Bitcoin reserve.
As more institutions begin to view Bitcoin as a reliable treasury reserve asset, Semler’s aggressive accumulation approach seems to resonate well with recent trends in the market. The increasing interest in regulated investment channels like spot Bitcoin ETFs is attracting significant inflows, further reinforcing institutional confidence in cryptocurrency as a viable asset.
