- Semler Scientific’s Bitcoin holdings reach 2,321 BTC, valued at nearly $192M, acquired at an average cost of $82,687 per coin.
- Semler Scientific’s Bitcoin yield rises to 99.3% after purchasing 237 BTC for $23M during market volatility.
- Corporate Bitcoin treasuries surpass $54B, with Semler ranking 13th among public companies holding BTC.
Semler Scientific, a notable player in the healthcare technology sector, has strategically increased its Bitcoin holdings by purchasing an additional 237 BTC. The acquisition cost the company approximately $23 million, equating to an average price of just over $98,000 per Bitcoin. This move brings Semler’s total Bitcoin count to 2,321, valued at nearly $192 million at the time of the report.
Semler Scientific has acquired 237 BTC for ~$23.3 million at ~$98,267 per #bitcoin and has generated BTC Yield of 99.3% since adopting our BTC treasury strategy in May 2024. As of 1/10/2025, we held 2,321 $BTC acquired for ~$191.9 million at ~$82,687 per bitcoin. $SMLR
— Eric Semler (@SemlerEric) January 13, 2025
The recent purchase utilized proceeds from stock sales and operational cash flow. Over time, Semler Scientific has issued more than $120 million of stock to fund various activities, including these Bitcoin purchases. This strategy has boosted the company’s Bitcoin yield—a metric measuring the ratio of Bitcoin holdings to outstanding shares—from 72.6% to 99.3%, highlighting a significant focus on Bitcoin as a core component of its financial strategy.
Corporate Strategy Behind BTC Investment
In the corporate realm, Bitcoin has become a lodestar for performance metrics, with companies like Semler Scientific leveraging it to supplement investor understanding of their financial maneuvers. Initially coined by MicroStrategy, the term “Bitcoin yield” has been adopted by Semler to quantify the effectiveness of its investment strategy in the volatile cryptocurrency market.
Eric Semler, the chairman of Semler Scientific, noted that the company’s robust approach to Bitcoin acquisition helped it emerge from what he described as a “zombie” status. Previously, the company generated just enough revenue to continue operations and service debts but could not foster growth or escape the brink of insolvency. This turnaround was attributed to its aggressive Bitcoin buying strategy, initiated in May 2024, which has since significantly enhanced its market stance.
Broader Corporate Adoption and Market Impact
Alongside MicroStrategy, other companies like Hoth Therapeutics and Genius Group also invested in Bitcoin due to the possibility of higher profit. Such investments have retained enough monetary returns and placed these firms on the preferred list of investors searching for profitable and innovative opportunities.
The trend of corporate Bitcoin investment continues to grow, with more than $54 billion held in BTC by corporate treasuries as of January 13, 2025. Semler Scientific ranks 13th among public companies in the size of Bitcoin treasury, a testament to its commitment to integrating cryptocurrency into its broader financial strategy.