Semler Scientific Acquires 165 Bitcoins For $15.7 Million

Semler Scientific, a healthcare technology company, announced Wednesday it has expanded its crypto holdings by acquiring bitcoin (BTC) worth millions of dollars.

The firm noted that between April 25 and April 20, 2025, the publicly traded firm purchased 165 BTC, valued at approximately $15.7 million, at an average price of $94,931 per bitcoin.

Semler Scientific Holds 3,467 BTC

Notably, the company acquired the crypto asset with proceeds from ATM offerings, including fees and company expenses. Following the latest buy, Selmer Scientific currently holds roughly 3,467 BTC ($306.1 million) at an average purchase price of $88,263 per coin.

This acquisition includes fees and expenses. Additionally, the digital asset had a market value of over $330.5 million, calculated based on the bitcoin price reported by the Coinbase exchange. 

Remarkably, the big buy comes just a few weeks after the medical device manufacturer revealed plans to raise $500,000 for BTC purchases, which shows its commitment to the cryptocurrency. 

The firm also noted that it plans to hold onto BTC for the long term. The company stated it intends to continue purchasing the digital asset, reflecting strong confidence in its long-term value. 

With the firm’s latest BTC buy, its stock tanked by 5.81% to $32.18. However, the company’s BTC strategy has proved highly effective, achieving a BTC Yield of 23.7% year-to-date.  

The company’s strategic accumulation of BTC amid market recovery has substantially increased its crypto holdings. It has also profited from buying low and the long-term asset value increase.

Bitcoin Buying Spree

Since adopting a bitcoin-focused strategy in May 2024, the company has designated the crypto asset as its primary treasury reserve asset. The company acquired 581 BTC in May and 247 BTC in July and August. 

On February 4, 2025, Semler Scientific bagged 871 BTC, approximately worth $88.5 million. At the time, BTC fell below the $92,000 price mark. Earlier this year, the healthcare tech company announced plans to raise $85 million to acquire more BTC.

According to the announcement, the notes will offer an annual interest rate of 4.25% and are set to mature in 2030. The offering is open exclusively to eligible institutional investors. The company noted that initial investors have a 13-day opportunity to purchase an additional $15 million of the notes. The offering is scheduled to close on January 28th.

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