Semler Scientific Expands Bitcoin Holdings, Now Among Top 10 Corporate Holders

Semler Scientific has been steadily increasing its Bitcoin holdings, investing over $88 million in the cryptocurrency over the past several weeks.

Between January 11 and February 3, the company acquired 871 BTC at an average price of $101,616 per coin.

Since implementing its Bitcoin treasury strategy, Semler has seen a 152% total return from July 1 to early February, with a 22% gain so far in 2025. The firm now holds 3,192 BTC, purchased for approximately $280 million, with a current market valuation of around $313 million.

The company financed its latest Bitcoin acquisitions by raising capital through a senior convertible notes offering and selling part of its stake in Monarch Medical Technologies. In January, Semler announced a plan to secure $75 million via a private sale of convertible notes to further expand its Bitcoin reserves.

Chairman Eric Semler expressed enthusiasm about the firm’s growing Bitcoin position, highlighting the strategic sale of Monarch Medical shares to fund additional purchases. With its expanding portfolio, Semler now ranks among the top 10 corporate Bitcoin holders.

While Semler continues to accumulate BTC, MicroStrategy—the largest corporate Bitcoin holder—recently paused its purchases, choosing to maintain its 471,107 BTC holdings, valued at approximately $46 billion.