Semler Scientific Bolsters Bitcoin Holdings with Latest Acquisition

Semler Scientific, a medical device manufacturer, has expanded its Bitcoin holdings by acquiring an additional 871 BTC for $88.5 million. This latest purchase was made between January 11 and February 3, and was funded through proceeds from a senior convertible notes offering and the partial monetization of its stake in Monarch Medical Technologies.

With this acquisition, Semler Scientific now holds a total of 3,192 BTC, purchased at an average price of $87,854 per Bitcoin, totalling $280.4 million. The company has reported a year-to-date BTC Yield of 21.9%, with a 152.2% return since adopting its Bitcoin treasury strategy in July 2024.

Commitment to Bitcoin Accumulation

We are thrilled with the progress we are making in growing our bitcoin stockpile.

Eric Semler, Chairman of Semler Scientific, highlighted the strong investor demand for the firm’s convertible notes and the company’s commitment to Bitcoin accumulation. The medical device manufacturer has previously stated that it is “laser focused” on acquiring and maintaining a larger Bitcoin reserve.

Financing the Acquisition

The company previously announced a $75 million private offering of convertible senior notes to institutional buyers, with proceeds earmarked for Bitcoin purchases. The notes, due in 2030, will accrue interest semiannually and may be settled in cash, stock, or a combination of both upon conversion.

Tips for Investing in Bitcoin:

  • Understand the risks and benefits of investing in Bitcoin
  • Diversify your portfolio to minimize risk
  • Stay informed about market trends and news
  • Consider consulting with a financial advisor before making investment decisions

Other companies, such as Microstrategy and Genius Group, have also made significant Bitcoin purchases as part of their financial strategy, demonstrating the growing trend of corporate Bitcoin adoption.

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