#Write2Earn #BinanceAlphaAlert #AltcoinETFsPostponed
Semler Scientific CEO Eric Semler announced on April 30 via X that the company has acquired an additional 165 Bitcoins for $15.7 million.
The latest purchase brings the company’s total Bitcoin (BTC) holdings to 3,467 BTC, now valued at $330.6 million.
$SMLR acquires 165 #bitcoins for $15.7 million and has generated BTC Yield of 23.8% YTD. Now holding 3,467 $BTC. We bleed orange.
The acquisition was funded through proceeds from Semler’s ongoing $500 million at-the-market (ATM) equity offering. Between April 25 and April 29, the company sold 559,000 shares, raising approximately $19.5 million.
The average purchase price of a new Bitcoin was $94,931 per coin, while the company’s overall average cost basis is $88,263 per BTC.