Medical device company Semler Scientific continues to surprise investors by spending an additional 50 million USD to purchase 455 Bitcoins at an average price of 109,801 USD/BTC, during the period from May 13 to May 22, 2025. This is the company's third largest Bitcoin purchase since it officially adopted the digital asset accumulation strategy in May 2024.
Aggressively accumulating Bitcoin, leveraging capital from stock issuance
This recent purchase $BTC was fully funded by a 500 million USD stock issuance program, launched in mid-April. To date, Semler Scientific has sold over 3 million shares, raising approximately 114.8 million USD.
After the latest purchase, the total number of Bitcoins held by the company has increased to 4,264 BTC, with a total cost of approximately 390 million USD, equivalent to an average price of each BTC at 91,471 USD. Based on the market price of BTC on May 22 (around 111,300 USD/BTC), this total number of Bitcoins is currently valued at approximately 474.4 million USD, meaning a provisional profit of more than 84 million USD.
BTC Yield increases sharply – Effectiveness of digital asset accumulation strategy
The BTC Yield index – a measure of the company's Bitcoin strategy performance – has risen to 25.8% since the beginning of 2025. This index measures the cumulative efficiency of BTC compared to the diluted shares issued, and is used by many companies to assess the success of transitioning shares into digital assets.
This is the third consecutive week #SemlerScientific accumulating BTC, with two previous purchases occurring on:
05/06/2025: Purchased 167 BTC worth 16.2 million USD
05/13/2025: Continued to purchase an additional 174 BTC with 17.8 million USD
This strategy was previously paused due to Semler having to address allegations of violating federal anti-fraud laws related to the marketing of the QuantaFlo medical product from the U.S. Department of Justice (DOJ). However, since April 25, 2025, the company has officially "restarted" its Bitcoin accumulation plan, and is implementing it regularly on a weekly basis.
SMLR stock plummets despite accumulating BTC
Despite announcing additional BTC purchases, SMLR stock still fell 6.5% in pre-market trading on May 23. The cause is believed to stem from negative market sentiment as the Bitcoin price adjusted to 108,300 USD, combined with stern statements from President Trump – including a threat to impose a 50% tax on goods from the European Union and 25% on Apple.
Contact with the crypto market
Semler Scientific's strategy shows that the model of "converting shares into Bitcoin" is increasingly gaining attention and adoption by businesses. This is a sign that Bitcoin is gradually becoming a strategic reserve asset, not just for financial institutions but also for companies outside the crypto industry. This could create a new trend that reinforces confidence in Bitcoin as a "digital gold," while also expanding the application scope of this asset in traditional sectors.
Risk warning: This article is not investment advice. The cryptocurrency market is highly volatile and carries risks. Please consider carefully before participating and only invest money you can afford to lose.