Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin.
According to a June 4 filing with the US Securities and Exchange Commission (SEC), Semler’s total investment in the cryptocurrency now stands at $410 million, valued at approximately $472.9 million as of June 3. Its Bitcoin yield is up by 26.7% since it began accumulating BTC in May 2024.
Semler has made regular Bitcoin purchases over the past year. The company also revealed the addition of $50 million to its Bitcoin reserve in May, after it acquired another $10 million BTC between February and April.
The BTC strategy does not appear to be attracting investors’ interest. As of June 4, the company’s shares…
