Semler Scientific, Inc., a medical technology company focused on combating chronic diseases, has expanded its Bitcoin holdings significantly. The company recently acquired 237 BTC, bringing its total reserves to 2,321 Bitcoin. This move reflects Semler’s ongoing strategy of increasing its cryptocurrency treasury to enhance shareholder value.
Semler Scientific Boosts Bitcoin Holdings to 2,321 BTC with 99.3% BTC Yield
In a recent statement, Semler Scientific confirmed acquiring 237 Bitcoin between December 16, 2024, and January 10, 2025. The acquisition was made at an average price of $98,267 per Bitcoin, including fees. These purchases added $23.3 million worth of Bitcoin to its reserves, which now total 2,321 BTC.
The company stated its total Bitcoin investment amounts to $191.9 million. Semler’s strategy focuses on using Bitcoin as a treasury asset to drive long-term growth and shareholder value.
Additionally, Semler Scientific funded its Bitcoin acquisitions through an at-the-market (ATM) offering and operational cash flow. As of January 10, 2025, the company had generated $121.8 million in gross proceeds under its ATM sales agreement with Cantor Fitzgerald.
The ATM program, which was expanded by $50 million in December 2024, enables the company to issue additional shares for strategic investments. This financing model underpins Semler Scientific’s continued ability to grow its Bitcoin holdings.
Interestingly, institutional Bitcoin adoption has risen with Michael Saylor’s MicroStrategy announcing another massive purchase of 2,530 BTC today, worth $243 million. This brings its total holdings to 450,000 BTC, acquired for $28.2 billion. Despite the move, MSTR stock declined after Bitcoin’s price dropped below key support levels.
Bitcoin Adoption and Key Performance Indicators
Since adopting its Bitcoin treasury strategy in July 2024, Semler Scientific has monitored its performance through a key performance indicator (KPI) known as BTC Yield. From July 2024 to January 2025, the company achieved a 99.3% BTC Yield, reflecting the effectiveness of its treasury management.
Bitcoin adoption remains integral to Semler Scientific’s financial strategy. The company has consistently emphasized its focus on increasing Bitcoin reserves.
Semler Scientific remains committed to its Bitcoin strategy, with plans to continue acquiring Bitcoin through proceeds from its ATM program and cash flow.
BTC Price Action
Meanwhile, Bitcoin’s 24-hour price action shows a 3.34% drop, falling from $94,820 to $91,700. Trading volume surged by 193.09%, reaching $58.6 billion, as the market cap stands at $1.81 trillion. BTC struggles to hold key support amid market volatility.
A recent report by CoinGape highlighted the reasons behind today’s drop in Bitcoin price. The decline is attributed to a strong jobs market diminishing hopes for rate cuts, technical exhaustion following Bitcoin’s rally to $100K, and profit-taking ahead of President-elect Donald Trump’s inauguration. Key support remains at $90,804.
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