Semler Scientific (NASDAQ: SMLR) has made a major leap into the Bitcoin big leagues. The healthcare technology company has now become the 14th-largest publicly traded holder of Bitcoin, following its latest $25 million purchase.
Semler Acquires 210 More BTC, Raising Total to 4,846 Coins
Between July 3 and July 16, 2025, Semler Scientific added 210 BTC to its corporate treasury. The coins were purchased at an average price of $118,974, according to a recent regulatory filing.
This move puts Semler just ahead of GameStop, which holds 4,710 BTC, in the Bitcoin treasury rankings among public companies.
Funded Through $175M Equity Offering
Semler has been aggressively raising capital to fund its Bitcoin strategy. Since April 2025, the company has generated $175 million via an at-the-market (ATM) equity offering. The latest BTC acquisition was financed directly from that capital pool.
âOur Bitcoin strategy aligns with our goal of long-term capital appreciation and protecting shareholder value,â the company noted in its filing.
Semlerâs average purchase price across all holdings is now $93,890, suggesting they are sitting on unrealized gains of over $115 million as Bitcoin trades above $117,000.
Bitcoin Yield and Performance Metrics
Semler isnât just hoarding Bitcoinâtheyâre also tracking performance via a metric called Bitcoin Yield, which measures BTC growth per share, rather than staking or interest income.
As of mid-July, Semler reported a 30.3% year-to-date Bitcoin Yield, highlighting its strategy as a key performance metric for investors.
This makes Semler one of the few companies outside of crypto-native firms using Bitcoin holdings as a core part of their investor value proposition.
Market Impact and Outlook
Despite the bullish move, Semler shares were flat in premarket trading Thursday, while Bitcoin was slightly lower near $117,900. Still, the company’s growing BTC stack signals rising institutional confidence in the assetâeven from non-fintech firms.
As corporate Bitcoin adoption accelerates, Semlerâs playbook could serve as a blueprint for mid-cap firms looking to hedge inflation or diversify treasury reserves through digital assets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.