Semler Scientific, operating in the healthcare tech domain, has made significant strides in its Bitcoin investment. In the period from December 5-15, 2024, it invested $21.5 million to acquire 211 BTC, elevating its total holdings to 2,084 BTC. The recent purchase averaged $101,890 per coin. Given an overall average purchase price of $80,916, the current worth of these holdings is $168.6 million. The funding sources were ATM offering proceeds and operating cash.
Since August 2024, the ATM offering has generated approximately $100 million. The firm has filed to increase the offering by $50 million, taking the ATM total to $150 million. This expansion not only showcases Semler’s growing commitment to Bitcoin but also its strategic vision. With a reported 92.8% Bitcoin yield, it indicates a successful investment approach.
As the crypto market evolves, Semler’s moves could potentially inspire other companies to consider digital assets as a viable investment and diversification option, especially as Bitcoin’s mainstream acceptance and value continue to fluctuate and draw attention.
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