Semler Scientific buys another $10M worth of BTC
Semler Scientific purchased approximately $10 million worth of Bitcoin since February 14, acquiring 111 BTC at an average price of around $90,000 per coin. The company now holds over 3,300 Bitcoin, valued at approximately $300 million. Semler reported a Bitcoin yield of 23.5% for stockholders year-to-date, indicating increased exposure per share. The average acquisition price for its Bitcoin treasury was nearly $89,000, with Bitcoin trading at about $95,000 as of April 25. To finance these purchases, Semler issued roughly $125 million in new stock and plans to raise an additional $75 million through convertible senior notes. Corporate Bitcoin holdings total approximately $71 billion, with Semler among the growing number of public companies accumulating Bitcoin treasuries.
