
Healthcare technology firm Semler Scientific has further deepened its Bitcoin investment, acquiring approximately $10 million worth of the digital asset since February 14, according to a statement released on April 25. The company confirmed the purchase of 111 Bitcoin at an average price of around $90,000 per coin. Overall, Semler now holds more than 3,300 Bitcoin, valuing its total crypto treasury at about $300 million. Measuring Bitcoin Yield Performance Semler highlighted that its Bitcoin acquisitions have contributed to a Bitcoin yield of 23.5% for shareholders so far this year. The Bitcoin yield metric compares the company’s Bitcoin holdings to its number of outstanding shares, helping to demonstrate how Bitcoin exposure per share has grown. “Semler Scientific uses BTC Yield as a [key performance indicator] to help assess the performance of its strategy of acquiring bitcoin in a manner Semler Scientific believes is accretive to stockholders,” the company explained. Since initiating this strategy in February, Semler has been aggressively building its Bitcoin position. Financing the Bitcoin Strategy The company stated it purchased its Bitcoin treasury for an average price close to $89,000 per coin. With Bitcoin currently trading at around $95,000, Semler’s investment has seen early gains. To support its Bitcoin acquisitions, Semler has financed the purchases by issuing roughly $125 million in new stock. Additionally, in January, the firm announced plans to raise another $75 million through a private offering of convertible senior notes. Semler Scientific primarily operates in the healthcare sector, developing diagnostic products that help detect chronic diseases. Corporate Bitcoin Holdings on the Rise Semler’s move follows a broader trend among corporations accumulating Bitcoin for their treasuries. Data shows public companies collectively hold approximately $71 billion worth of Bitcoin as of April 25. Leading the pack is Michael Saylor’s Strategy (formerly MicroStrategy), which boasts a treasury valued at over $50 billion. During the week of April 14 alone, Strategy acquired an additional 6,556 Bitcoin at an average price of $84,785 per coin. Despite corporations building significant Bitcoin reserves, they still trail behind Bitcoin holdings managed by exchange-traded funds (ETFs), which control about $110 billion in Bitcoin. Semler’s aggressive Bitcoin strategy mirrors the growing institutional appetite for digital assets, signaling a continuing shift in corporate finance strategies.