Key Points
- Semler Scientific Inc. purchases an additional 871 Bitcoins, bringing their total holdings to 3,192 BTC.
- The company’s Bitcoin strategy has significantly boosted its stock market performance.
Semler Scientific Inc., a NASDAQ-listed tech solutions provider for chronic diseases, has expanded its Bitcoin holdings. The company, valued at $467 million, recently acquired 871 Bitcoins for $88.5 million between January 11, 2025, and February 3, 2025.
The funds for this recent Bitcoin purchase came from the proceeds of the January 2025 senior convertible notes offering and the monetization of its investment in Monarch Medical Technologies LLC.
Bitcoin Holdings and Market Performance
Currently, Semler Scientific’s Bitcoin holdings stand at approximately 3,192 Bitcoins. Based on the current market value of around $99.3k, these holdings are worth about $317 million.
According to Eric Semler, Semler Scientific’s Chairman, the company has seen a Bitcoin Yield of approximately 21.9 percent year-to-date. From July 1, 2024, to present, the company’s Bitcoin Yield has reached 152 percent.
Eric Semler expressed satisfaction with the company’s growing Bitcoin portfolio, stating, “We are thrilled with the progress we are making in growing our bitcoin stockpile. We were especially pleased with our successful convertible notes offering, which was substantially oversubscribed with investor demand. Additionally, we were pleased to have monetized a part of our investment in Monarch Medical in order to buy more bitcoin.”
Semler Scientific’s adoption of a Bitcoin strategy has positively affected its stock market performance. According to data from TradingView, the SMLR stock has surged over 126 percent since October 2024, trading at about $51 on Tuesday, February 4, during the mid-New York session.
Bitcoin as a Strategic Reserve
Bitcoin is increasingly being adopted as a top treasury asset by various entities, including 157 publicly traded companies such as MicroStrategy Inc., Mara Holdings, and Riot Platforms Inc. Aggregate market data from Bitcointreasuries reveals that over 3.03 million Bitcoins are held in company treasuries, government reserves, and spot BTC ETFs funds.
The United States, under President Donald Trump’s administration, has been considering the adoption of Bitcoin as a strategic reserve. Recently, Trump signed an executive order for the creation of a sovereign wealth fund, which may include Bitcoin among other assets.
Semler Scientific has committed to using future cash inflows from its operations, as well as net proceeds from any securities offerings, to acquire more Bitcoins. The company has a strong balance sheet and views Bitcoin as a robust hedge against inflation and global instability.
In the long term, the price of Bitcoin is expected to reach millions of dollars per coin as demand exceeds supply. Currently, the overall supply of Bitcoin on centralized exchanges is approximately 2.17 million coins. With about 1 million coins yet to be mined, the demand for Bitcoin from institutional investors and nation-states is expected to trigger a significant future rally.
