{"id":393052,"date":"2025-05-24T03:55:26","date_gmt":"2025-05-23T22:25:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/semler-scientific-boosts-btc-holdings-with-50m-purchase-crypto-news\/"},"modified":"2025-05-24T03:59:40","modified_gmt":"2025-05-23T22:29:40","slug":"semler-scientific-boosts-btc-holdings-with-50m-purchase-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/semler-scientific-boosts-btc-holdings-with-50m-purchase-crypto-news\/","title":{"rendered":"Semler Scientific boosts BTC holdings with $50M purchase &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-v-60373258=\"\">\n<p>Semler Scientific, a medical device company, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ir.semlerscientific.com\/node\/10966\/html\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/ir.semlerscientific.com\/node\/10966\/html\">purchased<\/a> of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company\u2019s Bitcoin (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) holdings to $474.4 million, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/bitcointreasuries.net\/\" title=\"null\">keeping<\/a> it within the top 13 of BTC Treasury companies.<\/p>\n<p>According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million.<\/p>\n<p>Semler Scientific\u2019s shares have fallen 1.36% on the same day as the disclosure, though the decrease in its share price is largely in line with the Nasdaq\u2019s performance. That index, which follows top tech stocks, is down 1% on the day.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Semler Scientific share price. Source: <\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.google.com\/finance\/quote\/SMLR:NASDAQ\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.google.com\/finance\/quote\/SMLR:NASDAQ\"><em>Google Finance<\/em><\/a><\/figcaption><\/figure>\n<p>In its Q1 2025 earnings report released on May 13, the company <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/semler-scientific-after-hours-stock-drop-q1-results\" title=\"null\">revealed a 44% drop in revenue year-over-year<\/a>. Despite the claimed success of its Bitcoin treasury plan, Semler Scientific\u2019s shares have dropped 18% in 2025, according to Google Finance.<\/p>\n<p>Bitcoin treasury companies, or companies that traditionally sell equity or issue debt to buy BTC, had been drawing the interest of investors looking for exposure to Bitcoin price fluctuations.<\/p>\n<p>Michael Saylor&#8217;s Strategy debuted its BTC reserve in August 2020, when it started purchasing Bitcoin. Bitcoin is up 181.6% year to date, while Semler Scientific shares rose 53% since announcing the BTC approach in May 2024. <\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/bitcoinos-starknet-adding-smart-contracts-bitcoin-zk-proofs\/\" title=\"null\"><em><strong>Magazine: ZK-proofs are bringing smart contracts to Bitcoin \u2014 BitcoinOS and Starknet<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\" label=\"Subscription Form: Crypto Biz Newsletter\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company\u2019s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":393053,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-393052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=393052"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393052\/revisions"}],"predecessor-version":[{"id":393054,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393052\/revisions\/393054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/393053"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=393052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=393052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=393052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}