Semler Scientific Acquires Additional 185 Bitcoin, Bringing Holdings to Nearly $500M

1 day ago

Semler Scientific (SMLR) continues its bitcoin BTC acquisition strategy, purchasing 185 BTC for $20 million, oregon an mean acquisition terms of $107,974 each, successful the 10 days ended June 3.

This latest concern brings the company's full holdings to 4,449 BTC, valued astatine astir $467 cardinal based connected bitcoin's existent terms conscionable supra $105,000. The company’s bitcoin portfolio was acquired astatine an mean outgo of $92,158 per coin and a full outgo of $410 million.

This and different caller purchases were funded by the company's $500 cardinal April 15 communal banal at-the-market issuance program. As of June 3, Semler had sold 3.5 cardinal shares, raising $136.2 million.

Semler's alleged BTC output is present 26.7% year-to-date.

Shares are little-changed successful premarket enactment but stay little by 35% successful 2025.

View source