Semler Scientific boosts BTC holdings with $50M purchase
Summary
Semler Scientific purchased $50 million worth of Bitcoin between May 13 and May 22, increasing its Bitcoin holdings to $474.4 million, ranking it among the top 13 BTC Treasury companies. The company acquired 455 BTC at an average price of $109,801 using proceeds from an at-the-market stock offering, which raised $115 million. On the disclosure day, Semler's shares fell 1.36%, aligning with a 1% drop in the Nasdaq index. Despite a 44% revenue drop in Q1 2025, Semler's shares have decreased 18% in 2025. Bitcoin treasury companies attract investors seeking Bitcoin exposure. Bitcoin's value increased 181.6% year to date.
