Semler Scientific (NASDAQ: SMLR) introduced Monday that it bought 165 bitcoins between April 25 and April 29, 2025, at a mean worth of $94,931 per bitcoin, inclusive of charges and bills.
The corporate funded the acquisition by means of proceeds from its ongoing at-the-market (ATM) fairness providing program.
The newest buy brings Semler’s complete Bitcoin holdings to three,467 BTC, acquired for an mixture $306.1 million at a mean worth of $88,263 per bitcoin. Based mostly on Bitcoin’s present worth, the corporate’s holdings are valued at roughly $330.6 million.
Semler continues to show sturdy efficiency, with a year-to-date BTC yield of 23.8%. The acquisition was funded by means of the corporate’s not too long ago established $500 million ATM providing program. Between April 25 and April 29, Semler offered 559,000 shares of its widespread inventory, elevating roughly $19.5 million in web proceeds after gross sales commissions.
Semler Scientific started accumulating Bitcoin in Could 2024, turning into the second public firm in america to undertake Bitcoin as its major treasury reserve asset. The corporate has utilized a mix of fairness financing, debt choices, and operational money circulation to construct its Bitcoin place.
The corporate’s continued Bitcoin accumulation displays rising institutional confidence in Bitcoin as a treasury reserve asset, notably as regulated funding autos like spot Bitcoin ETFs entice important inflows.