Semler Scientific Purchases Additional Bitcoin

Nasdaq-listed healthcare tech firm Semler Scientific purchased 237 additional bitcoin for $23.3 million over the course of four weeks, remaining bullish on the world’s largest cryptocurrency.

Semler disclosed on Monday that between Dec. 16, 2024 to Jan. 10, it acquired 237 bitcoin with funds generated from an at-the-market offering and operating cash flow. The average price of these purchased bitcoin was $98,267.

As of Jan. 10, with the recent purchase, Semler holds a total of 2,321 bitcoin, acquired for an aggregate $191.9 million at an average price of $82,687 per bitcoin. These bitcoin assets are worth roughly $221 million at current market prices.

According to BitcoinTreasuries.com, Semler Scientific is the 13th largest public corporate holder of bitcoin. MicroStrategy currently owns the largest corporate bitcoin treasury, holding 450,000 BTC.

On Monday, Semler’s stock rose 2.61% to $52.7 at closing, but fell 0.85% in after-hours trading, according to Google Finance.

Meanwhile, bitcoin rose 0.55% to trade at $94,747 around 2:00 p.m. in Hong Kong, as shown by The Block’s bitcoin price page.