Semler Scientific Acquires 455 Bitcoin for $50 Million
Semler Scientific (SMLR) announced a significant bitcoin acquisition, purchasing 455 BTC for $50 million over ten days ending May 22. Key details include:
- Average purchase price: $109,801 per BTC
- Total BTC holdings now at 4,264 BTC, valued over $450 million
- Funding through an ATM equity offering program, raising $114.8 million to date
- BTC Yield increased to 25.8% for 2025, based on total bitcoin holdings and diluted shares outstanding
- SMLR shares dropped 5.3% in premarket trading; current BTC price at $108,300