Semler Scientific has continued its aggressive Bitcoin accumulation strategy by acquiring an additional 187 BTC for approximately $20 million.
This latest move brings the company’s total Bitcoin holdings to 4,636 BTC. The firm also reported a year-to-date Bitcoin yield of 29%, reflecting strong returns on its crypto treasury position.
Founded as a medical technology company focused on developing products for early detection of chronic diseases, Semler Scientific has shifted part of its strategic focus toward digital assets. The company initially made headlines in May 2024 when it began allocating a portion of its balance sheet to Bitcoin, citing the asset’s long-term value proposition.
“Our Bitcoin strategy has delivered significant returns and positioned Semler as one of the most BTC-heavy public firms,” a company spokesperson stated. The recent purchase underscores its commitment to leveraging Bitcoin as a core reserve asset.
Semler Scientific joins a growing cohort of public companies using Bitcoin to diversify treasury reserves, especially in a climate of rising interest in digital stores of value.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/semler-scientific-boosts-bitcoin-holdings-with-20-million-purchase/