Semler Scientific Expands Bitcoin Holdings to Over 3,300 BTC
- Semler Scientific acquires 111 more BTC, totaling 3,303 BTC holdings.
- Latest purchase worth $10 million, with an average of $90,124 per BTC.
- Company ranks 14th among public firms with significant BTC holdings.
Semler Scientific, Inc. has expanded its Bitcoin holdings, purchasing 111 additional BTC between February 14 and April 24, 2025.
The acquisition highlights a strategic treasury approach amid volatile market conditions, positioning Semler among top public Bitcoin holders.
Semler Buys 111 BTC, Totals 3,303 BTC Holdings
Semler Scientific’s latest acquisition includes 111 BTC, enhancing their total holdings to 3,303 BTC. This purchase was announced in an official release on April 25, 2025.
Eric Semler, founder and chairman, confirmed the acquisition commitment on social media. “Semler Scientific has acquired 111 more BTC worth $10 million, the company is just getting started.” The company adopted Bitcoin as its primary treasury asset in May 2024.
Semler Now 14th-Largest Public Bitcoin Holder
The purchase has positioned Semler Scientific as the 14th-largest public Bitcoin holder. This strategy has drawn both investor interest and scrutiny.
Financially, the BTC-focused strategy led to additional stock issuance and convertible notes, despite a 36.92% year-to-date drop in stock price.
Semler’s Strategy Mirrors MicroStrategy’s BTC Approach
Similar strategies by companies like MicroStrategy have previously resulted in significant stock fluctuations. Semler Scientific’s approach aligns it with similar corporate treasury practices.
Potential outcomes could involve a shift in investor confidence, akin to trends seen in firms adopting Bitcoin for inflation hedging. This move can influence broader market dynamics.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |