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Healthcare technology firm Semler Scientific has added 185 more bitcoin to its treasury spending about $20 million between May 23 and June 3 according to a recent SEC filing. The Nasdaq-listed company purchased the BTC at an average price of $107,974 per coin using funds raised through stock sales.
Semler has now sold over 3.5 million shares through an at-the-market offering generating $136.2 million in net proceeds. With this latest purchase the company holds a total of 4,449 BTC valued at approximately $467 million. The average purchase price stands at $92,158 per bitcoin suggesting unrealized gains of about $57 million.
Semler joins the growing list of companies adopting bitcoin as a treasury asset ranking 15th globally in corporate BTC holdings. It tracks its performance using a metric called BTC Yield which shows a 26.7% increase year to date. This strategic move mirrors a broader trend as companies like Trump Media GameStop and Paris Saint-Germain also embrace bitcoin for long-term value creation.
