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Cryptocurrency News Articles

title: Semler Scientific Accumulates Another Round of Bitcoin (BTC) Worth Tens of Millions

Apr 27, 2025 at 04:00 am

The US medical tech firm Semler Scientific is accumulating another round of Bitcoin (BTC) worth tens of millions of dollars, bringing its total to just over 3300 BTC.

title: Semler Scientific Accumulates Another Round of Bitcoin (BTC) Worth Tens of Millions

Semler Scientific, a US medical technology firm, has reportedly added another round of Bitcoin (BTC) to its treasury, accumulating 111 BTC, valued at $10 million, in a recent purchase.

Semler Scientific, a US medical technology firm, has reportedly added another round of Bitcoin (BTC) to its treasury, accumulating 111 BTC, valued at $10 million, in a recent purchase.

The firm, which adopted the top crypto asset by market cap as its primary reserve asset in May 2024, disclosed in a recent press release that its average cost of Bitcoin is just under $88,000 per token.

As of April 24, 2025, Semler Scientific’s disclosed Bitcoin treasury holdings stand at 3,303 BTC, which were acquired for a total of $290.4 million, with an average purchase price of $87,929 per Bitcoin, according to the firm.

According to the firm’s own data, it has generated a BTC yield – or the metric used by the firm to keep track of the success of its Bitcoin buying strategy – of 23.5% year-to-date.

In December, the California-based company purchased 303 Bitcoin, at the time bringing its stash to 1,873 BTC purchased for $147.1 million at $78,553 per token.

According to Bitcoin Treasuries, Semler Scientific is now the 14th-ranked company in terms of BTC holdings.

Its latest purchase comes amid a broader trend of companies investing in digital assets, enticed by the potential returns and the opportunity to diversify their portfolios.

Bitcoin is currently trading at $95,068, showing a 1.8% increase in the last 24 hours.

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Other articles published on Apr 27, 2025