🚨 Semler Scientific Invests $50M in Bitcoin, Elevating Total Holdings to $474M
Semler Scientific (NASDAQ: SMLR), a U.S.-based medical device company, has significantly increased its Bitcoin holdings by purchasing an additional 455 BTC between May 13 and May 22, 2025. This acquisition, valued at approximately $50 million, brings the company's total Bitcoin holdings to $474.4 million, positioning it among the top 13 corporate Bitcoin treasuries.
Key Highlights:
· Purchase Details: Acquired 455 BTC at an average price of $109,801.
· Funding Strategy: Utilized proceeds from an at-the-market stock offering, raising $115 million through the sale of approximately 3 million shares.
· Market Performance: Despite a 44% year-over-year revenue decline reported in Q1 2025, Semler's stock has risen 53% since initiating its Bitcoin investment strategy in May 2024.
Market Reaction:
On the day of the disclosure, Semler's stock price experienced a slight decline of 1.36%, aligning with the broader Nasdaq index's 1% drop.
POLL: Should more companies consider Bitcoin as a treasury reserve asset?
· ✅ Yes, it's a strategic hedge against inflation.
· ❌ No, it's too volatile for corporate reserves.
· 🤔 Depends on the company's risk tolerance.
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