Semler Scientific bought more bitcoin, raising its holdings to 2,321 bitcoin


Semler Scientific, Inc. has acquired 237 Bitcoins were sold between December 16 and January 10, with an average price of $98,267 per token.

These purchases increased the company's holdings to 2,321 Bitcoin (Bitcoin), according to a company statement.

Semler's cumulative investment in Bitcoin now stands at $191.9 million, with an average holding price of $82,687 per BTC. The purchases were funded through market proceeds and operating cash flow.

Its medical device manufacturer mentioned previously It is “laser focused” on acquiring and maintaining a larger bitcoin reserve after its holdings surpassed 1,050 bitcoin.

“We will continue to follow our strategy of purchasing bitcoins with cash,” Doug Murphy Chuturian, CEO of Semler Scientific, said in June.

Semler ScientificBitcoin reserve

In May 2024, the company Announce Its initial plans for a Bitcoin treasury. Since then, the company's stock, which has the symbol SMLR, has risen more than 115%, according to Google data.

As of January 10, Semler had collected $121.8 million in gross revenue from ATM sales. In December 2024, the company expanded its ATM offerings by $50 million, bringing the total to $150 million under an agreement with Cantor Fitzgerald.



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