Semler Scientific Acquires 871 Bitcoins for $88.5 Million, Totaling 3,192 BTC

Semler Scientific Inc. (NASDAQ: SMLR) announced an acquisition of 871 Bitcoins for $88.5 million between January 11 and February 3, 2025, funded by a senior convertible notes offering and the monetization of its investment in Monarch Medical Technologies LLC. The company now holds approximately 3,192 Bitcoins valued at around $317 million.

Key details include:

Year-to-date BTC yield is about 21.9%
From July 1, 2024, to present, BTC yield reached 152%
SMLR stock has increased over 126% since October 2024, trading at about $51 on February 4

Reasons for Bitcoin focus:

157 entities, including major public companies, have adopted Bitcoin as a treasury asset
Over 3.03 million Bitcoins held in corporate and government treasuries and spot BTC ETFs
Potential U.S. adoption of Bitcoin as a strategic reserve following Trump's executive order for a sovereign wealth fund
Commitment to using future cash inflows for additional Bitcoin purchases
Need for Bitcoin as a hedge against inflation and global instability

Future outlook suggests Bitcoin prices may exceed millions per coin due to demand from institutional investors and limited supply.