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Semler Scientific Buys Additional 871 BTC for $88.5M

Semler Scientific now holds a total of 3,192 BTC

Feb 4, 2025, 1:55 p.m.
Eric Semler (Semler Scientific)
Eric Semler (Semler Scientific)

What to know:

The analyst who wrote this piece owns shares of Semler Scientific (SMLR).

Semler Scientific (SMLR) has acquired an additional 871 BTC for $88.5 million, utilizing proceeds from its January 2025 senior convertible notes offering. The average purchase price per bitcoin was $101,616.

With this latest acquisition, Semler Scientific now holds 3,192 BTC, purchased at a total cost of $280.4 million, with an average purchase price of $87,854 per bitcoin.

According to the press release, Semler Scientific's BTC yield was 152.2%. The yield is the percentage change in the ratio of its bitcoin holdings to its full-diluted shares outstanding over a given period.

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Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

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