Semler Scientific (SMLR) Purchases a Further 871 BTC for $88.5M

02/04/2025 20:59
Semler Scientific (SMLR) Purchases a Further 871 BTC for $88.5M

Semler Scientific now holds a total of 3,192 BTC

The analyst who wrote this piece owns shares of Semler Scientific (SMLR).

Semler Scientific (SMLR) has acquired an additional 871 BTC for $88.5 million, utilizing proceeds from its January 2025 senior convertible notes offering. The average purchase price per bitcoin was $101,616.

With this latest acquisition, Semler Scientific now holds 3,192 BTC, purchased at a total cost of $280.4 million, with an average purchase price of $87,854 per bitcoin.

According to the press release, Semler Scientific's BTC yield was 152.2%. The yield is the percentage change in the ratio of its bitcoin holdings to its full-diluted shares outstanding over a given period.

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