Semler Scientific, a Nasdaq-listed healthcare technology company, has significantly expanded its Bitcoin holdings. According to a recent SEC filing, the firm acquired an additional 185 BTC between May 23 and June 3, spending approximately $20 million. This purchase was made at an average price of $107,974 per bitcoin, using capital raised through a stock sale.
The move is part of a broader strategy by the company to adopt Bitcoin as a long-term store of value, joining a growing trend of corporations integrating digital assets into their balance sheets.
Semler’s Growing Bitcoin Treasury and Unrealized Gains
To fund its crypto expansion, Semler has sold over 3.5 million shares through an at-the-market offering, raising $136.2 million in net proceeds. This latest Bitcoin buy brings the company’s total holdings to 4,449 BTC, valued at roughly $467 million at current prices.
With an average purchase price of $92,158 per BTC, Semler is sitting on unrealized gains of approximately $57 million. The company measures the success of its Bitcoin strategy using a proprietary metric called BTC Yield, which has risen 26.7% year to date.
Semler Joins a Growing List of Corporate Bitcoin Holders
Semler now ranks 15th globally among public companies with the largest Bitcoin holdings, placing it alongside a rising wave of corporate adopters. Other notable names that have embraced Bitcoin include Trump Media, GameStop, and even sports organizations like Paris Saint-Germain.
This move signals a shift in corporate finance strategy, where companies are looking beyond traditional assets and exploring Bitcoin as a hedge against inflation and a tool for long-term value creation.
As market conditions evolve and institutional interest in digital assets increases, Semler’s proactive investment could serve as a blueprint for other firms considering a similar path.
