Semler Scientific Acquires 167 Bitcoin for $16.2 Million

Semler Scientific (SMLR) increased its bitcoin holdings by acquiring 167 BTC for $16.2 million, averaging about $97,000 per BTC.

  • The purchase was primarily funded through the sale of 1.166 million shares, raising $39.8 million.
  • Semler previously disclosed bitcoin acquisitions on April 25 and April 30.
  • The company now owns 3,634 BTC at an average cost of $88,668 each, totaling $322.3 million.
  • Current value of holdings exceeds $340 million based on a bitcoin price of approximately $94,000.