tl;dr
US medical tech firm Semler Scientific has added $50 million in Bitcoin, acquiring 455 BTC at an average price of $109,801 each. The company now holds 4,264 BTC, purchased for a total of $390 million at an average price of $91,471 per BTC. With Bitcoin trading at $107,322, Semler's holdings are wort...
Semler Scientific has increased its Bitcoin holdings by $50 million, acquiring 455 BTC at an average price of $109,801 each. The company now holds a total of 4,264 BTC valued at over $457.6 million, having purchased the coins at an average price of $91,471 per BTC for a total of $390 million.
Bitcoin recently reached an all-time high of $111,814 but declined nearly 4% within 24 hours, trading around $107,322 at the time of reporting. Despite the short-term volatility, Semler's founder, Eric Semler, reports a strong year-to-date Bitcoin yield of 25.8%.
Semler Scientific ranks as the 13th largest corporate Bitcoin holder globally and is the second publicly traded US company to implement a Bitcoin treasury policy. The only company ahead in this category is Strategy (formerly MicroStrategy), which leads with the largest corporate Bitcoin treasury, holding 576,230 BTC valued at $62.14 billion.
The recent SEC filing shows Semler's continued confidence in Bitcoin as a corporate asset. Since May 13th to May 22nd, the medical technology firm has expanded its crypto portfolio aggressively, positioning itself prominently in the landscape of corporate Bitcoin investors.
As more companies adopt Bitcoin treasury policies, Semler Scientific’s move highlights the growing trend of corporate engagement with cryptocurrency as both an investment and treasury management strategy.