Semler Scientific (SMLR) continues its bitcoin BTC acquisition strategy, purchasing 185 BTC for $20 million, or an average purchase price of $107,974 each, in the ten days ended June 3.
This latest investment brings the company’s total holdings to 4,449 BTC, valued at approximately $467 million based on bitcoin’s current price just above $105,000. The company’s bitcoin portfolio was acquired at an average cost of $92,158 per coin and a total cost of $410 million.
This and other recent purchases were funded by the company’s $500 million April 15 common stock at-the-market issuance program. As of June 3, Semler had sold 3.5 million shares, raising $136.2 million.
Semler’s so-called BTC yield is now 26.7% year-to-date.
Shares are little-changed in premarket action but remain lower by 35% in 2025.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that…
Bitcoin Magazine Interactive Brokers Adds Bitcoin Trading in European Economic Area Interactive Brokers has launched…
A drop to $54,000 could mark one of the strongest buying opportunities in Bitcoin’s current…
Bitcoin Magazine Genius Group (GNS) Dumps All Bitcoin Holdings to Clear Debt, Plans Treasury Rebuild…
Also: OpenAI raises $122 billion, crypto ecosystems diverging post-quantum strategies, and Base’s 2026 roadmap.Read MoreCoinDesk:…
Bitcoin Magazine BlackRock Files Ticker for Bitcoin Premium Income ETF as Bitcoin Strategy Expands BlackRock…