Semler Scientific Acquires Additional 185 Bitcoin, Bringing Holdings to Nearly $500M
Semler Scientific (SMLR) has significantly expanded its Bitcoin (BTC) holdings, adding 185 BTC to its portfolio over the ten days ending June 3rd. This recent acquisition cost $20 million, representing an average purchase price of $107,974 per coin. This brings Semler Scientific’s total BTC holdings to 4,449, currently valued at approximately $467 million based on Bitcoin’s price exceeding $105,000.
The company’s average cost basis for its entire Bitcoin portfolio stands at $92,158 per coin, resulting in a total cost of $410 million. This strategic investment, along with other recent acquisitions, is financed through the company’s $500 million at-the-market common stock issuance program initiated on April 15th. As of June 3rd, Semler Scientific has successfully sold 3.5 million shares under this program, generating $136.2 million in proceeds.
Semler Scientific’s Bitcoin holdings have yielded a substantial return. The company’s year-to-date (YTD) BTC yield currently stands at 26.7%. This impressive performance showcases the potential for significant gains from strategic Bitcoin investments. However, it’s important to note that while the Bitcoin portfolio is performing well, Semler Scientific’s stock price has experienced a decline of 35% in 2025. This discrepancy highlights the distinction between the performance of the company’s Bitcoin holdings and its overall stock performance. Pre-market trading indicates minimal change in the company’s share price following the announcement.
This significant Bitcoin acquisition underscores Semler Scientific’s commitment to its digital asset strategy and its belief in Bitcoin’s long-term potential. The substantial investment, coupled with the successful capital raise through the at-the-market offering, signals a robust financial position enabling continued investment in Bitcoin. The continued acquisition of Bitcoin despite a decline in the company’s stock price suggests a long-term investment approach focused on the potential of digital assets. The contrast between the strong performance of the Bitcoin portfolio and the underperformance of the stock price presents a complex investment scenario for investors to consider.
