Semler Scientific Expands Bitcoin Holdings to Over 2,300 BTC
Semler Scientific has increased its Bitcoin holdings to 2,321 BTC, valued at $191.9 million, achieving a nearly 100% yield since launching its treasury strategy in July 2024.
Semler Scientific Bolsters Bitcoin Treasury Strategy
Semler Scientific, a healthcare technology solutions provider, has expanded its Bitcoin (BTC) holdings to an impressive 2,321 BTC as of January 10, 2025. This milestone represents a significant step in the company’s treasury strategy, aligning with the growing trend of corporate cryptocurrency adoption.
Between December 16, 2024, and January 10, 2025, Semler acquired 237 BTC at an average price of $98,267 per BTC, totaling $23.3 million. These purchases were funded through operating cash flow and proceeds from the company’s at-the-market (ATM) equity offering.
Key Highlights of Semler Scientific’s Bitcoin Strategy
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BTC Holdings Overview:
- Total BTC: 2,321 BTC
- Current Valuation: $191.9 million
- Average Purchase Price: $82,687 per BTC (inclusive of fees)
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ATM Program Expansion:
- Gross Proceeds Raised: $121.8 million
- Recent Expansion: Additional $50 million, increasing the total to $150 million.
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Yield Performance:
Semler reports a 99.3% Bitcoin yield since implementing its treasury strategy in July 2024, demonstrating its effectiveness in enhancing shareholder value.
Strategic Implications
Semler’s aggressive Bitcoin acquisition strategy underscores the increasing role of cryptocurrencies in corporate finance. By leveraging its ATM program and operating cash flow, the company aligns its financial resources with shareholder interests and market opportunities.
The Bigger Picture
Semler Scientific joins the ranks of corporations like MicroStrategy, emphasizing Bitcoin’s potential as a treasury asset. As cryptocurrency adoption accelerates, such strategies reflect a broader trend of integrating digital assets into traditional business operations.
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