Semler Scientific Buys 871 Bitcoins
Semler Scientific has recently purchased 871 BTC for $88.5 million, using funds from their senior convertible notes offering in January 2025.
The average price per Bitcoin was $101,616. This brings their total BTC holdings to 3,192, which cost $280.4 million in total and have an average purchase price of $87,854 per Bitcoin.
The company has stated that their BTC has yielded a return of 152.2%, based on the change in ratio of their Bitcoin holdings to full-diluted shares over a specific period.
Semler Scientific Chair Eric Semler said:
“We are thrilled with the progress we are making in growing our Bitcoin stockpile. We were especially pleased with our successful convertible notes offering, which was substantially oversubscribed with investor demand. Additionally, we were pleased to have monetized a part of our investment in Monarch Medical in order to buy more Bitcoin.”
