Semler Scientific Purchases 111 More BTC, Now Holds 3,303 Bitcoin
After a brief pause to address legal matters, Nasdaq-listed medical technology company Semler Scientific has resumed its Bitcoin accumulation strategy. The firm announced the purchase of an additional 111 BTC, raising its total holdings to 3,303 BTC.
💰 Details of the 111 BTC Purchase
- Purchase period: February 14 to April 24, 2025
- Quantity acquired: 111 BTC
- Total cost: $10 million
- Average price per BTC: $90,124
- Funding method: Proceeds from a 2.4 million-share At-The-Market (ATM) offering and internal funds
Previously, Semler had completed a $150 million stock issuance. Now, the company is executing a new $500 million ATM stock program to support its long-term Bitcoin investment strategy.
📊 Current Bitcoin Holdings
- Total BTC held: 3,303 BTC
- Estimated market value: $315.6 million
- Average acquisition cost: $87,929 per BTC
- Estimated ROI: ~8.69% on capital invested
While Semler’s BTC Yield—a proprietary metric used internally to assess capital efficiency—currently stands at 23.5%, it is significantly lower than the 152.2% reported following their 871 BTC purchase in February. The firm clarified that this metric does not reflect business performance or stock valuation.
⚖️ Legal Settlement Update
This Bitcoin purchase comes shortly after Semler reached a preliminary $29.75 million civil settlement with the U.S. Department of Justice over alleged violations related to the marketing of its QuantaFlo product. The settlement resolves all pending civil claims, clearing the path for renewed focus on its corporate strategy.
📈 Market Reaction – SMLR Stock Performance
Following the announcement, Semler Scientific’s stock (SMLR) surged over 5% in pre-market trading, reaching $36.35, reflecting a 16.5% gain over the past 5 days. This suggests strong investor confidence in the company’s combined focus on healthcare innovation and Bitcoin as a treasury asset.
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