Semler Scientific Acquires 165 Bitcoin, Total Holdings Reach 3,467 BTC

Semler Scientific has expanded its Bitcoin holdings, acquiring 165 BTC on April 29, bringing its total to 3,467 BTC.

Key Developments

• The purchase cost $15.7 million, averaging $94,931 per Bitcoin.
• Total Bitcoin investments now equal $306.1 million, with an average buy price of $88,263 per BTC.
• The current market value of the Bitcoin portfolio is $330.6 million.
• Bitcoin serves as the primary treasury reserve asset for Semler Scientific, making it one of the largest corporate holders of BTC.
• In conjunction with the Bitcoin purchase, the company issued 559,000 shares, generating $19.5 million in net proceeds, which financed the acquisition.
• Year-to-date BTC yield is reported at 23.8%, used as a Key Performance Indicator for the company's strategy.

Semler Scientific will release Q1 2025 earnings on May 13, followed by a conference call with executives.

Additionally, Coinbase plans to launch a Bitcoin Yield Fund for institutional investors on May 1. BitMEX founder Arthur Hayes predicts Bitcoin could reach $1.5 million by 2028, citing U.S. liquidity policies supporting cryptocurrencies. Bitcoin is currently trading at $94,330.25, down 0.51% in the last 24 hours.