Good day everyone,
I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the acquisition of $10M in Bitcoin by Semler Scientific.
Semler Scientific Adds $10M in Bitcoin to Treasury
The healthcare technology firm Semler Scientific had added a further 111 Bitcoin to their treasury in a fresh $10 million purchase since the 14th of February. This confirmed their strategic pivot toward digital assets as they released a statement on the 25th of April in which Semler confirmed the acquisition. They were purchase for an average price of $90,000 per coin. This latest purchase brings the company’s total Bitcoin treasury to over 3,300 BTC, valued at approximately $300 million based on current market prices.
It was noted by Semler that its Bitcoin strategy has delivered a 23.5% Bitcoin yield year-to-date. This is indicated by the key performance indicator (KPI) the company uses to measure shareholder value through BTC accumulation. The yield is reflected on the ratio of Bitcoin holdings relative to outstanding shares, basically meaning it increases each shareholder’s exposure to the asset. The company stated:
“Semler Scientific uses BTC Yield as a KPI to assess the performance of its strategy of acquiring Bitcoin in a manner it believes is accretive to stockholders.”
Traditionally Semler had focused on developing diagnostic tools for chronic disease detection but have began to partially finance their Bitcoin purchases through the issuance of $125 million in new stock. Back in January of this year the firm also announced the planned to raise a further $75 million through a private offering of convertible senior notes.
The company’s move into digital assets in marked in the footstep of Michael Saylor’s Strategy (formerly MicroStrategy) who have pursued an aggressive Bitcoin accumulation which has seen their stock price rise by over 350% in 2024. Strategy remain the largest corporate holder as they currently have around $71 billion in Bitcoin, according to BitcoinTreasuries.NET. It has also been noted that publicly traded companies have increased their Bitcoin holdings by 16.1% in the first quarter of 2025. This marks the shift in attitude towards digital assets and the continued institutional interest in the leading cryptocurrency despite market volatility.
Have a great day.
Peace. CryptoGod-1.
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