SMLR News: BTC Stack Grows to 3,634
05/05/2025 20:30
The company made its latest purchases for $16.2 million, or an average price of $97,093 per bitcoin.
Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3,634 BTC
The company made its latest purchases for $16.2 million, or an average price of $97,093 per bitcoin.
May 5, 2025, 12:48 p.m.
Semler Scientific (SMLR) added to its bitcoin (BTC) holdings last week.
The company acquired 167 BTC for $16.2 million, or an average price of about $97,000 each, according to a Monday morning SEC filing.
The purchases appeared to be mostly or totally funded via sales of common stock, with the company disclosing it's sold 1.166 million shares for $39.8 million under its April 15 at-the-market offering (SMLR previously disclosed bitcoin purchases on April 25 and April 30).
Semler now holds 3,634 bitcoin acquired for $322.3 million, or an average price of $88,668 each. At bitcoin's current price around $94,000, the holdings are worth more than $340 million.
Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
