{"id":9492,"date":"2025-01-24T11:47:42","date_gmt":"2025-01-24T11:47:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9492"},"modified":"2025-01-24T11:47:42","modified_gmt":"2025-01-24T11:47:42","slug":"semler-scientific-plans-75m-raise-to-expand-bitcoin-holdings-after-29m-paper-gain","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9492","title":{"rendered":"Semler Scientific Plans $75M Raise to Expand Bitcoin Holdings After $29M Paper Gain"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Healthcare technology firm Semler Scientific has announced plans to raise $75 million through a private offering of convertible senior notes maturing in 2030. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to a January 23 <a class=\"general-link\" href=\"https:\/\/ir.semlerscientific.com\/news-releases\/news-release-details\/semler-scientificr-announces-proposed-private-offering-750\" target=\"_blank\" rel=\"noopener nofollow\">press release<\/a>, part of the proceeds will be allocated to purchasing additional Bitcoin <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_67937b8300578\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#e0e0e0;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p>, reinforcing the company\u2019s commitment to its Bitcoin treasury strategy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The announcement coincided with Semler\u2019s preliminary Q4 2024 earnings report release, revealing an unrealized gain of $28.9 million from its Bitcoin holdings. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/ai-agent-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Top 10 AI Agent Crypto Coins to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Semler Purchase an Additional 237 BTC Earlier This Month<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Earlier this month, the firm purchased an additional 237 BTC, bringing its total holdings to 2,321 BTC, valued at approximately $241 million based on Bitcoin\u2019s trading price of $105,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Semler began its Bitcoin investment strategy in May 2024, acquiring 581 BTC initially. The news led to a 30% surge in the company\u2019s stock price <\/span><span data-preserver-spaces=\"true\">at the time<\/span><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CEO <a class=\"general-link\" href=\"https:\/\/www.marketscreener.com\/insider\/DOUGLAS-MURPHY-CHUTORIAN-A0IQ6G\/\" target=\"_blank\" rel=\"noopener nofollow\">Doug Murphy-Chutorian<\/a> reaffirmed the company\u2019s commitment to Bitcoin, stating, \u201cWe are excited to continue executing <\/span><span data-preserver-spaces=\"true\">our Bitcoin treasury strategy.\u201d Murphy-Chutorian had previously emphasized the firm\u2019s focus on Bitcoin as a key component of its financial planning.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SMLR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SMLR<\/a> Announces Proposed Private Offering of $75 million of Convertible Senior Notes and Preliminary Unaudited 4th Quarter 2024 Financial Results with Significant Gain from Change in Fair Value of Bitcoin Holdings<\/p>\n<p>\u2014 Eric Semler (@SemlerEric) <a href=\"https:\/\/twitter.com\/SemlerEric\/status\/1882539748398428482?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Bitcoin\u2019s value has reached new all-time highs in recent months, peaking at $109,000 ahead of President Donald Trump\u2019s inauguration on January 20. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The growing interest in Bitcoin has seen several public companies, including Hoth Therapeutics and Genius Group, adopt similar treasury strategies. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">MicroStrategy remains the largest corporate Bitcoin holder, with 461,000 BTC worth $48 billion, dwarfing Semler\u2019s holdings, which rank 13th among public companies.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite the bullish outlook on Bitcoin, Semler\u2019s stock performance has shown mixed results. Shares fell 1.55% on January 23 and dropped <\/span><span data-preserver-spaces=\"true\">a further<\/span><span data-preserver-spaces=\"true\"> 12% in after-hours trading to $53.75 following the fundraising announcement. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While Semler\u2019s stock has climbed 38% over the past 12 months, it remains well below its all-time high of $149.99 in October 2021.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With its latest move, Semler joins the growing list of companies betting on Bitcoin as part of their corporate treasury strategy, signaling confidence in the long-term potential of the cryptocurrency.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">VanEck: US Could Slash National Debt By 35% With 1 Million Bitcoin Reserve<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The\u00a0US could potentially\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/vaneck-us-could-slash-national-debt-by-35-with-1-million-bitcoin-reserve\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">reduce its national debt by 35%<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0within 24 years by establishing a reserve of 1 million Bitcoin, according to a report by asset management firm VanEck.\u00a0The projection aligns with a proposal introduced by Senator Cynthia Lummis.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">VanEck\u2019s analysis assumes Bitcoin will grow at a compounded annual growth rate (CAGR) of 25%, reaching $42.3 million per BTC by 2049.\u00a0During the same period,\u00a0the\u00a0U.S.\u00a0national debt\u00a0is expected\u00a0to increase at a 5% CAGR, ballooning from $37 trillion in 2025 to $119.3 trillion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the report authored by VanEck\u2019s head of digital asset research, Matthew Sigel, and investment analyst Nathan Frankovitz, a Bitcoin reserve could offset approximately $42 trillion in national liabilities by 2049.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/semler-scientific-plans-75m-raise-to-expand-bitcoin-holdings-after-29m-paper-gain\/\">Semler Scientific Plans $75M Raise to Expand Bitcoin Holdings After $29M Paper Gain<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare technology firm Semler Scientific has announced plans to raise $75 million through a private offering of convertible senior notes maturing in 2030. According to a January 23 press release, part of the proceeds will be allocated to purchasing additional Bitcoin Price Volume in 24h Price 7d , reinforcing the company\u2019s commitment to its Bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9492","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9492"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9492\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}