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Semler Scientific Buys Additional 871 BTC for $88.5M
Semler Scientific now holds a total of 3,192 BTC
Feb 4, 2025, 1:55 p.m. 1 min read
What to know:
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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