Semler Scientific Invests $50 Million in Bitcoin Acquisition

According to PANews, Semler Scientific, a medical technology company listed on Nasdaq under the code SMLR, disclosed in its latest 8-K filing that it acquired 455 bitcoins between May 13 and May 22, 2025, at an average price of $109,801 per bitcoin. As of May 22, the company holds a total of 4,264 bitcoins, with a total investment cost of $390 million and an average holding cost of $91,471 per bitcoin. The filing reveals that the company raised $114.8 million through an ATM issuance plan, with a portion of the funds allocated for bitcoin investment. Semler Scientific's website now features a bitcoin holdings dashboard, displaying key metrics such as the year-to-date bitcoin yield of 25.8%. The funds for this bitcoin purchase were sourced from a stock issuance agreement previously signed with Barclays and five other investment banks.