Semler Scientific Boosts Bitcoin Holdings with $20 Million Purchase, Now Owns 4,449 BTC
Semler Scientific (NASDAQ: SMLR), a medical technology company, has further solidified its position as a major corporate Bitcoin holder by acquiring an additional 185 BTC for $20 million. The purchase, made between May 23 and June 3, 2025, brings the company’s total Bitcoin treasury to 4,449 BTC, valued at approximately $467 million as of June 3, according to a recent SEC filing.
The latest acquisition was executed at an average price of $107,974 per Bitcoin, funded through proceeds from Semler’s at-the-market (ATM) equity offering program, which has raised $136.2 million since April 2025. The company’s Bitcoin strategy has yielded a 26.7% BTC Yield year-to-date, a metric Semler uses to measure the effectiveness of its crypto investments in driving shareholder value.
Semler Scientific, known for its QuantaFlo device used in detecting chronic diseases, began adopting Bitcoin as a treasury reserve asset in May 2024. The firm’s aggressive accumulation—now totaling $410 million in Bitcoin purchases—positions it among the top 14 publicly traded companies holding the cryptocurrency. Despite challenges in its core healthcare business, including a reported $31.1 million operating loss in Q1 2025, Semler remains committed to its dual strategy of expanding its medical tech offerings while growing its Bitcoin reserves.
Chairman Eric Semler emphasized the company’s focus, stating, “We continue to accretively grow our Bitcoin arsenal using operating cash flow and proceeds from debt and equity financings.” With Bitcoin’s price hovering just above $105,000, Semler’s holdings reflect unrealized gains of roughly $57 million, underscoring the firm’s belief in the digital asset as a reliable store of value amid global economic uncertainty.
Semler’s move aligns with a broader trend of institutional Bitcoin adoption, following the playbook of companies like MicroStrategy. As the company launches a public dashboard to track its Bitcoin metrics, investors are watching closely to see if this strategy will continue to pay off—or if market volatility and regulatory scrutiny, including a potential Department of Justice settlement, will pose risks to its ambitious crypto pivot.