Medical equipment company Semler Scientific (SMLR) announced a significant acquisition of Bitcoin, adding 455 BTC valued at $50 million during the ten days ending May 22, 2025. This purchase represents the company’s third-largest bitcoin buy since it adopted a bitcoin standard approximately one year ago. The acquisition was funded via its ongoing at-the-market (ATM) equity offering program, bringing Semler's total bitcoin holdings to 4,264 BTC.
The average price paid for the latest acquisition was around $109,801 per bitcoin, and Semler’s total BTC holdings were purchased for $390 million, now valued at more than $450 million as of May 22, 2025. To support this ongoing accumulation strategy, the company has issued over 3 million shares under its $500 million ATM offering program initiated in April 2025, raising approximately $114.8 million.
Semler Scientific emphasizes the effectiveness of its digital asset strategy, reporting a strong year-to-date BTC Yield of 25.8% in 2025. BTC Yield measures the percentage change in the ratio of total bitcoin holdings relative to assumed diluted shares outstanding, a metric the company uses as a key performance indicator for investor transparency.
Eric Semler, Chairman of Semler Scientific, reaffirmed the company's commitment to increasing its Bitcoin holdings as part of its long-term shareholder value strategy. The company maintains robust investor transparency through a publicly accessible Bitcoin Dashboard on its corporate website, which displays real-time data on bitcoin holdings, BTC Yield, BTC Gain, and market statistics.
This disciplined strategy of Bitcoin acquisition, capitalized through regulated equity issuances and complemented by transparent disclosures, positions Semler Scientific as a pioneering institutional player in the digital asset space. The company plans to continue leveraging its ATM program to expand its Bitcoin portfolio amid growing institutional adoption and evolving regulations.
Despite the recent acquisition, SMLR shares experienced a 5.3% decline in premarket trading, mirroring a drop in Bitcoin’s price to around $108,300 on May 23, 2025.