Semler Scientific has quietly built up a sizable Bitcoin position, acquiring 111 BTC between mid-February and late April for a total of $10 million.
This puts the company’s average entry price at around $90,124 per coin, according to a recent announcement. The healthcare tech firm now holds more than 3,300 Bitcoin valued near $300 million.
Chairman Eric Semler emphasized that Bitcoin holdings have boosted stockholder returns by about 23.5% so far this year. The company, known for its chronic disease management tools, considers its growing Bitcoin reserves a strategic move to deliver additional value to investors. They track performance using a unique metric called “BTC Yield,” which measures the ratio of Bitcoin to outstanding shares.
Semler Scientific noted that its average acquisition cost across all Bitcoin purchases is roughly $89,000. With Bitcoin recently trading at around $94,000, the investment appears to be paying off. To support its Bitcoin buying spree, the company issued about $125 million in new stock and is preparing to raise another $75 million through convertible notes.
Their bold crypto strategy reflects a broader trend sweeping corporate America. Inspired by Bitcoin’s explosive rise in 2024 — and the remarkable performance of Michael Saylor’s company, Strategy — more firms are allocating reserves into Bitcoin. Corporate treasuries collectively hold close to $71 billion worth of BTC today, though ETFs still lead institutional ownership with holdings topping $110 billion.
Meanwhile, Bitcoin adoption has also started to reach national levels. U.S. President Donald Trump recently signed a bill establishing a strategic crypto reserve, expanding America’s holdings to include Bitcoin, Ethereum, XRP, and Cardano.
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