Semler Scientific (Nasdaq: SMLR) has acquired 167 further bitcoins for $16.2 million between April 30 and Might 2, 2025, utilizing proceeds from its at-the-market (ATM) fairness providing. This newest buy brings the corporate’s whole BTC holdings to three,634, making it one of many largest public Bitcoin treasury corporations in america.“$SMLR acquires 167 #Bitcoins for $16.2 million and has generated BTC Yield of twenty-two.2% YTD. Now holding 3,634 $BTC and is now the fourth largest Bitcoin Treasury Firm within the U.S.,” stated Eric Semler, Chairman of Semler Scientific, in a submit on X.
The common buy value for this latest acquisition was $97,093 per bitcoin, inclusive of charges and bills. The corporate’s whole bitcoin funding now sits at $322.3 million, with a market worth of $352.4 million as of Might 2, 2025.
Semler Scientific additionally reported a BTC Yield of twenty-two.2% year-to-date—a key efficiency indicator the corporate makes use of to evaluate how effectively it’s utilizing fairness capital to accumulate Bitcoin. The KPI is derived from the change within the ratio between bitcoin holdings and assumed diluted shares excellent.
Since launching its ATM fairness program on April 15, Semler has raised roughly $39.8 million by promoting over 1.1 million shares. The technique is a part of a broader capital shift towards a Bitcoin-heavy treasury method that Semler Scientific believes is accretive to shareholders.
This daring Bitcoin accumulation technique has not solely moved the corporate into the Bitcoin spotlight but in addition revived its market narrative.
“We had been the second U.S. public firm to undertake Bitcoin as a main treasury reserve technique,” Semler stated in an interview last month. “It regarded eerily much like MicroStrategy in August of 2020… We weren’t actually rising. We would have liked to determine a strategy to leap begin our progress and we settled on Bitcoin, which was a terrific determination.”
What started as a play to flee stagnant market valuation—what Semler known as a “zombie firm”—has advanced right into a defining transformation. “Our inventory at one level had quadrupled. Now it’s principally doubled… it was doing nothing for years,” he acknowledged.
Now a reference level for establishments looking for oblique publicity to BTC, SMLR continues to realize relevance. “Most funding funds can’t purchase ETFs,” stated Semler. “We’re actually their solely strategy to get publicity to Bitcoin within the inventory market.”
And the mission isn’t slowing down. “We’re early in accumulating Bitcoin, and we’re gonna proceed to try this.”