Hassan Maishera
TL;DR
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Semler has purchased 871 bitcoins for $88.5 million.
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The healthcare tech firm is now the tenth-largest corporate Bitcoin holder in the world.
Semler’s BTC Holdings Hit 3,192
Healthcare tech and software firm Semler Scientific announced on Tuesday that it has purchased 871 bitcoins for $88.5 million over the past few weeks. Thanks to this latest development, the company now holds a paper gain of over 150%.
In its press release, Semler revealed that the 871 bitcoins were purchased at an average price of $101,616 per BTC. The company said,
“Between January 11, 2025, and February 3, 2025, Semler Scientific acquired 871 bitcoins for $88.5 million with proceeds generated from its January 2025 senior convertible notes offering and monetization of a portion of its minority investment in Monarch Medical Technologies, LLC. The average price of its bitcoin purchases was $101,616 per bitcoin, inclusive of fees and expenses.”
Semler also reported an aggregate yield of 152% from July 1 — the first full quarter after it adopted its Bitcoin treasury strategy — to Feb. 3
According to the company, it now holds 3,192 BTC, acquired for an aggregate of $280 million at an average purchase price of $87,854 per coin.
This latest development comes barely two weeks after Semler announced plans to raise $75 million through the private offering of convertible senior notes for its Bitcoin strategy.
With this latest acquisition, Semler is now the 10th-largest corporate holder of BTC, just above Exodus Movement Inc.
