Semler Scientific, a medical equipment company, made a bold move by acquiring 455 bitcoins in its third-largest purchase to date. This announcement comes after the company shifted to a bitcoin standard about a year ago. The acquisition, which took place in the ten days leading up to May 22, totaled $50 million, with an average price of $109,801 per bitcoin. The purchase was funded through Semler’s at-the-market (ATM) equity offering program, boosting their total bitcoin holdings to 4,264 BTC. These holdings were initially purchased for $390 million and are now valued at over $450 million.
BTC Yield, a key performance indicator used by companies incorporating bitcoin into their balance sheets, has seen a significant increase for Semler in 2025, reaching 25.8%. This metric measures the year-to-date percentage change in the ratio of total bitcoin holdings to assumed diluted shares outstanding. Despite this positive news, SMLR shares experienced a 5.3% decline in premarket trading, coinciding with a drop in the price of bitcoin to $108,300 on Friday morning.
James Van Straten, a Senior Analyst at CoinDesk, has been closely monitoring the developments in Semler’s bitcoin acquisitions. With a background in on-chain analytics and experience working with a Swiss hedge fund, James brings a unique perspective to the table. Not only does he provide insights on Bitcoin’s role within the financial system, but he also serves as an advisor to Coinsilium, a UK publicly traded company, offering guidance on their Bitcoin treasury strategy. Additionally, James has personal investments in Bitcoin and Strategy (MSTR), showcasing his confidence in the cryptocurrency market.
As Semler Scientific continues to bolster its bitcoin holdings, the market remains uncertain about the implications of such a significant investment. Some analysts question the long-term viability of this strategy, while others see it as a smart diversification move in a volatile market. Regardless of the opinions circulating, Semler’s decision to embrace the world of cryptocurrency signals a new era for the company. Only time will tell if this bold move pays off in the end.
