Semler Scientific Expands Bitcoin Holdings To Over $180 Million With Latest Purchase
Posted On December 6, 2024
Santa Clara-based healthcare technology company Semler Scientific, Inc. (NASDAQ:SMLR) has expanded its Bitcoin (CRYPTO: BTC) holdings with the purchase of an additional 303 BTC for $29.3 million between Nov. 25 and Dec. 4.
This acquisition brings the company’s total Bitcoin holdings to 1,873 BTC, valued at approximately $180.4 million at current market prices.
The average purchase price for these holdings stands at $78,553 per Bitcoin.
The latest Bitcoin purchase was funded through proceeds from Semler’s at-the-market (ATM) equity offering.
On Nov. 25, the company increased the offering to $100 million, generating $79.8 …
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