Key Takeaways
- The typical buy worth was $109,801 per BTC, and the purchase was funded via proceeds from the agency’s $500 million at-the-market providing program.
- To fund the BTC acquisitions, Semler bought roughly 3 million shares of its frequent inventory, producing internet proceeds of $115 million
Main medical tech firm Semler Scientific bought 455 Bitcoin for $50 million between Might 13 and Might 22, based on a brand new 8-Okay submitting with the U.S. Securities and Alternate Fee. The typical buy worth was $109,801 per BTC, and the purchase was funded via proceeds from the agency’s $500 million at-the-market providing program.
The acquisition brings the corporate’s whole Bitcoin holdings to 4,264 BTC, which have been bought at a mixed value of $390 million. As of Might 22, the market worth of Semler’s Bitcoin portfolio stands at $474.4 million.
Semler Scientific first adopted its Bitcoin treasury technique in Might 2024 and has continued accumulating the asset since then. The corporate mentioned its Bitcoin Yield, a efficiency measure primarily based on BTC price appreciation, was 25.8% for the year-to-date interval. It is among the few public firms that monitor Bitcoin returns as a part of its monetary technique.
To fund the BTC acquisitions, Semler bought roughly 3 million shares of its frequent inventory, producing internet proceeds of $115 million. The corporate is amongst a small however rising listing of companies that use capital markets to construct a Bitcoin treasury.
Regardless of the BTC features, Semler’s core enterprise has confronted headwinds. In its Q1 2025 earnings report launched on Might 13, the corporate reported a 44% decline in income year-over-year. Its inventory has fallen 18% in 2025, whilst Bitcoin is up 181.6% throughout the identical interval.
Semler shares dropped 1.36% on the day of the Bitcoin disclosure, whereas the Nasdaq index, which tracks main tech shares, declined 1%.
Semler Scientific develops and markets diagnostic merchandise aimed toward early detection of persistent illnesses. Whereas its main enterprise stays healthcare, its rising Bitcoin holdings place it among the many prime 13 Bitcoin-holding public firms, primarily based on present market values.
