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Bitcoin

Semler Scientific Acquires Additional 185 Bitcoin, Bringing Holdings to Nearly $500M

By admin
0 10

Semler Scientific Acquires Additional 185 Bitcoin, Bringing Holdings to Nearly $500M

Semler Scientific (SMLR) continues its bitcoin

BTC$105,014.09 acquisition strategy, purchasing 185 BTC for $20 million, or an average purchase price of $107,974 each, in the ten days ended June 3.

This latest investment brings the company’s total holdings to 4,449 BTC, valued at approximately $467 million based on bitcoin’s current price just above $105,000. The company’s bitcoin portfolio was acquired at an average cost of $92,158 per coin and a total cost of $410 million.

This and other recent purchases were funded by the company’s $500 million April 15 common stock at-the-market issuance program. As of June 3, Semler had sold 3.5 million shares, raising $136.2 million.

Semler’s so-called BTC yield is now 26.7% year-to-date.

Shares are little-changed in premarket action but remain lower by 35% in 2025.

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