 
 
Nasdaq-listed healthcare tech agency Semler Scientific — which made headlines final yr for including Bitcoin (BTC) to its treasury — has purchased one other $23 million value of the highest crypto. Semler joins a rising listing of firms hoarding Bitcoin lately.
Semler Expands Bitcoin Bag To 2,321 BTC
Semler bought 237 Bitcoin at a mean value of $98,267 from December 16, 2024, to January 10, 2025, as per a disclosure on Monday.
After the newest buy, the Santa Clara, California-based agency now boasts holdings of two,321 Bitcoin, valued at greater than $221 million at market present costs. Its BTC treasury stash locations it thirteenth amongst publicly traded firms, in response to BitcoinTreasuries.com.
Semler’s complete holdings of two,321 BTC had been bought for $191.9 million, or a mean value of $82,687 per Bitcoin.
Semler points shares of widespread inventory to purchase Bitcoin, and has now adopted “Bitcoin Yield” as a key efficiency indicator. Particularly, the BTC yield measures the ratio of BTC holdings to excellent shares and describes how properly a agency does in shopping for Bitcoin in an accretive method to shareholders. The BTC purchases introduced the inventory’s Bitcoin yield to 99.3% up from 72.6%, the corporate mentioned.
 
Publicly Traded Corporations And Bitcoin
Semler Scientific first adopted its Bitcoin treasury technique again in Might 2024 when the corporate mentioned it was satisfied that Bitcoin had “the potential to generate outsized returns because it positive factors growing acceptance as digital gold.”
On Nov. 4, Semler CEO Doug Murphy-Chutorian mentioned the medical expertise firm is “laser-focused on buying and holding Bitcoin.” Murphy-Chutorian additionally revealed that the agency was contemplating financing alternatives that might permit it to buy extra BTC.
Semler’s transfer follows a number of corporations pursuing related methods. MicroStrategy presently owns the largest company BTC treasury with a whopping 450,000 cash below its belt (valued at over $43.4 billion).
Japan’s reply to MicroStrategy, Metaplanet, has additionally been actively shopping for up Bitcoin.
In response to CoinGecko information, Bitcoin is presently buying and selling at $96,456 after briefly dipping to $89,800 on Monday.
