Semler Scientific Boosts Bitcoin Holdings by 165, Total Now 3,467

Semler Scientific, a publicly traded medical device company, has significantly increased its Bitcoin holdings by purchasing an additional 165 Bitcoin for $15.7 million between April 25 and April 29, 2025. This acquisition brings the company's total Bitcoin holdings to 3,467, valued at over $327 million. The company's Bitcoin treasury now places it just outside the top 10 largest among public companies.

This purchase marks Semler Scientific's second major Bitcoin acquisition in the last week, following an earlier purchase of 111 Bitcoin for $10 million on April 25. The company's aggressive Bitcoin buying strategy has been ongoing since last year, mirroring the approach of Strategy and its Chairman, Michael Saylor, who is a prominent advocate for Bitcoin. Saylor commended Semler Scientific's impressive Bitcoin yield of 23.8% year-to-date, which is higher than Strategy's 13.7% yield for the same period.

Semler Scientific's Bitcoin yield, a metric popularized by Saylor, refers to the ratio of a company's Bitcoin holdings to its assumed shares outstanding. The company's recent purchases include an $88.5 million acquisition in February. The firm has filed to raise up to $500 million through a new securities offering, with plans to use a portion of the funds to purchase more Bitcoin. This indicates that Semler Scientific's plans with Bitcoin are far from over.

Semler Scientific's Chairman, Eric Semler, has been vocal about the company's commitment to Bitcoin, stating that shareholders who do not support the company's Bitcoin strategy can "stop or sell." This stance reflects the company's long-term confidence in the value of Bitcoin as a treasury reserve asset. The company's strategic use of Bitcoin as its primary treasury reserve asset positions it among the top corporate holders of the cryptocurrency.

Semler Scientific's approach to Bitcoin acquisition involves raising capital by selling shares and using the proceeds to buy more Bitcoin. The company's recent Bitcoin purchase was financed through its at-the-market (ATM) equity offering, which generated $19.5 million in net proceeds. This strategy has allowed the company to accumulate a significant amount of Bitcoin, with an average purchase price of $88,263 per Bitcoin.

Semler Scientific is scheduled to release its Q1 2025 earnings on May 13 after market close. The company's CEO, Doug Murphy-Chutorian, and other senior executives will host a conference call at 4:30 p.m. ET, encouraging investors to register early and submit questions ahead of the event. This earnings release will provide further insights into the company's financial performance and its continued commitment to Bitcoin as a treasury reserve asset.