Key Takeaways
- With the brand new buy, Semler Scientific now holds a complete of three,303 bitcoins.
- The corporate disclosed that it spent $10 million on the most recent acquisition, paying a mean of $90,124 per bitcoin.
Semler Scientific, a medical expertise agency listed on Nasdaq beneath the ticker SMLR, has considerably expanded its bitcoin holdings, buying a further 111 bitcoins between February 14 and April 24, 2025. The corporate disclosed that it spent $10 million on the most recent acquisition, paying a mean of $90,124 per bitcoin.
With the brand new buy, Semler Scientific now holds a complete of three,303 bitcoins. The corporate reported that its whole bitcoin funding quantities to roughly $290.4 million.
The cash to accumulate extra bitcoin was raised through an at-the-market (ATM) fairness providing program and current money reserves.
Earlier, Semler Scientific had entered a Managed Fairness Providing Gross sales Settlement, initially with Cantor Fitzgerald, beneath which it issued over 2.4 million shares and secured round $126 million in web proceeds. Following the institution of a brand new ATM program on April 22, 2025, the corporate ceased gross sales beneath the earlier association.
The brand new settlement, involving companies together with Barclays Capital, Canaccord Genuity LLC, and Cantor Fitzgerald, permits the issuance and sale of as much as $500 million in widespread inventory. By April 24, Semler Scientific had offered 57,100 shares beneath this new framework, elevating roughly $2 million.
Talking concerning the agency’s technique, Chairman Eric Semler reiterated a agency stance on holding Bitcoin by market fluctuations. Addressing traders on the Bitwise Bitcoin Customary Company Investor Day occasion in New York, he stated, “You may promote or cease should you don’t like what we’ve performed with Bitcoin. We’re a public firm. You might have that proper to promote or cease. If we lose cash by Bitcoin, it’s not gonna pressure us to promote.”
Semler Scientific has cited Bitcoin’s year-to-date yield as a key metric for evaluating its technique. As of April 24, the corporate reported a 23.5% bitcoin yield, a lower from the 152.2% yield famous in February. This metric measures the share change between the quantity of Bitcoin held and the corporate’s absolutely diluted share depend.
Semler Scientific first entered the Bitcoin market in 2024 with an preliminary buy of 581 bitcoins for roughly $40 million.
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