Semler Scientific has purchased an additional 165 BTC for $15.7 million, raising its total Bitcoin holdings to 3,467 BTC, valued at around $330.6 million. The acquisition, supported by recent equity offerings, shows the company’s commitment to using Bitcoin as a treasury reserve. This move coincides with broader trends in the market, including Coinbase’s new Bitcoin Yield Fund for institutions and optimistic growth forecasts from industry leaders.
In a strategic move to bolster its Bitcoin holdings, Semler Scientific has acquired an additional 165 BTC, investing $15.7 million in the process. This purchase occurred between April 25 and April 29, 2025, bringing the company’s total Bitcoin holdings to 3,467 BTC, valued at roughly $330.6 million. Reports indicate that the funds for this acquisition were sourced from a recent equity offering under the company’s ATM program.
According to the company’s disclosures, the average cost for the new Bitcoin was approximately $94,931 per coin after including transaction fees. Combined with earlier purchases, Semler’s total Bitcoin investments now total about $306.1 million, giving it an overall average buying price of about $88,263 per Bitcoin.
This latest acquisition marks a continued commitment from Semler Scientific to use Bitcoin as its main treasury reserve. With this strategy, the firm has emerged among the top corporate Bitcoin holders, reflecting a significant confidence in the cryptocurrency’s long-term value. Other major players in the Bitcoin market include Strategy and Metaplanet, who are also expanding their Bitcoin reserves.
For instance, Strategy recently bolstered their holdings by acquiring 6,556 Bitcoin, bringing their total holdings to an impressive 553,555 BTC, worth around $52 billion. Meanwhile, Metaplanet’s latest buy of 330 Bitcoin raised their total to 4,855 BTC, valued at over $400 million in today’s market.
Semler Scientific’s strategy also includes monitoring its Bitcoin yield, which, as of April 29, stood at a notable 23.8%. This metric serves as a crucial performance indicator, helping the company evaluate the success of its Bitcoin procurement strategy. In parallel, the firm issued 559,000 shares through its ATM program, generating nearly $19.5 million to fund these crypto acquisitions.
Looking ahead, Semler Scientific is set to announce its Q1 2025 earnings on May 13, post-market. CEO Doug Murphy-Chutorian and his team are expected to discuss the company’s financial health during a scheduled conference call, where investors can submit questions in advance.
Also making headlines this week, Coinbase has announced plans to introduce a Bitcoin Yield Fund aimed at institutional investors, set to launch on May 1. This fund presents an exciting opportunity for non-U.S. institutions seeking steady returns from their Bitcoin assets.
In more speculative news, BitMEX founder Arthur Hayes has reiterated a bullish forecast, suggesting that Bitcoin could skyrocket to $1.5 million by 2028, driven by the current liquidity dynamics in the U.S. market supporting cryptocurrency growth. Presently, Bitcoin is trading at around $94,330.25, reflecting a slight decline of 0.51% over the past day.
In summary, Semler Scientific’s latest move underlines its growing interest in Bitcoin, which aligns with broader trends in cryptocurrency investments. However, as always, potential investors are reminded to conduct their own research and consult with financial professionals before making investment decisions.
Disclaimer: Coinspeaker strives to provide balanced reporting on financial topics and urges readers to verify information independently. This article is not intended to serve as financial or investment advice.
