Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin
Bitcoin Magazine Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin Semler Scientific (NASDAQ: SMLR) announced Monday that it purchased 165 bitcoins between April 25 and April 29, 2025, at an average price...
Bitcoin Magazine
Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin
Semler Scientific (NASDAQ: SMLR) announced Monday that it purchased 165 bitcoins between April 25 and April 29, 2025, at an average price of $94,931 per bitcoin, inclusive of fees and expenses.
The company funded the acquisition through proceeds from its ongoing at-the-market (ATM) equity offering program.
The latest purchase brings Semler’s total Bitcoin holdings to 3,467 BTC, acquired for an aggregate $306.1 million at an average price of $88,263 per bitcoin. Based on Bitcoin’s current price, the company’s holdings are valued at approximately $330.6 million.
JUST IN: Public Company Semler Scientific buys another 165 #Bitcoin worth $15.7 million. pic.twitter.com/bLfqhterml
— Bitcoin Magazine (@BitcoinMagazine) April 30, 2025Semler continues to demonstrate strong performance, with a year-to-date BTC yield of 23.8%. The purchase was funded through the company’s recently established $500 million ATM offering program. Between April 25 and April 29, Semler sold 559,000 shares of its common stock, raising approximately $19.5 million in net proceeds after sales commissions.
Semler Scientific began accumulating Bitcoin in May 2024, becoming the second public company in the United States to adopt Bitcoin as its primary treasury reserve asset. The company has utilized a combination of equity financing, debt offerings, and operational cash flow to build its Bitcoin position.
The company’s continued Bitcoin accumulation reflects growing institutional confidence in Bitcoin as a treasury reserve asset, particularly as regulated investment vehicles like spot Bitcoin ETFs attract significant inflows.
This post Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.
Original source
Read on Bitcoin MagazineRelated market context
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC
Bitcoin Magazine SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC Elon Musk’s SpaceX launc...
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain
Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto, the company announc...
Bitcoin treasury stock volume collapses 49% to $17B daily average
The decline in Bitcoin treasury stock volume highlights shifting investor preferences towards ETFs, potentially impacting Bitcoin'...