Semler Scientific Boosts Bitcoin Holdings to 3,192 BTC with $88.5M Investment

Semler Scientific, a U.S.-based publicly traded entity, has made a significant investment in the cryptocurrency landscape by acquiring 871 BTC for $88.5 million. This strategic move comes amid a robust performance, with Semler's Bitcoin assets generating an impressive 152% returns since July 1, 2024. Currently, the company holds a total of 3,192 BTC, reflecting its commitment to enhancing its presence in digital assets.

Further strengthening its financial positioning, Semler Scientific plans to offer $85 million in convertible senior notes to qualified institutional buyers, maturing in 2030. A portion of the proceeds will be allocated to fund capped call transactions, while the remainder will be utilized for general corporate purposes, including additional acquisitions of Bitcoin. This blend of strategic investments signals Semler's intent to leverage the evolving opportunities within the cryptocurrency market.