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.
Even as Bitcoin (BTC) flirts with new highs, veteran trader Peter Brandt has issued a stark warning: a massive 75% crash could be imminent.
The Bank of Japan (BOJ)’s upcoming monetary policy meeting, set for June 16–17, could be the next major catalyst for global risk assets, including stocks and cryptocurrencies like Bitcoin.
MicroStrategy’s executive chairman and a well-known Bitcoin maximalist, has publicly challenged Apple to ditch its underperforming stock buyback program in favor of acquiring Bitcoin.
Cardano has launched Cardinal, a pivotal protocol aiming to bridge Bitcoin’s vast liquidity with Cardano’s decentralized finance (DeFi) ecosystem.