With a $10M Investment, Semler Scientific Grows Bitcoin Stack Beyond 3,300 BTC

Semler Scientific (SMLR) has continued to grow its Bitcoin treasury, announcing the purchase of an additional 111 BTC at an average price of $90,124. The acquisition was funded through a combination of proceeds from an at-the-market stock offering and available cash.

Following the latest buy, the medical device maker now holds a total of 3,303 bitcoin, acquired at a cumulative cost of approximately $290.4 million.

Semler also disclosed that its year-to-date bitcoin yield — reflecting the change in the ratio of bitcoin holdings to fully diluted shares — has dropped to 23.5%, a sharp decline from 152.2% reported in February.

Despite its aggressive Bitcoin strategy, shares of Semler Scientific have fallen 36.92% year-to-date.