Semler Scientific, a healthcare technology company, has purchased 210 Bitcoins (BTC) for $25 million. This investment increases the company’s total Bitcoin holdings to 4,846 BTC, valued at about $303 million based on current prices. This move shows Semler Scientific’s confidence in digital assets and its plan to expand its Bitcoin portfolio.
Semler Scientific Stash More Bitcoin
United States healthcare technology company Semler Scientific took to its official X handle today to announce the significant increase in its Bitcoin holdings by a fresh 210 BTC buy worth $25 million. The company has proven to be relentless since May 2024, when it began using Bitcoin as its main reserve asset. It has made at least 12 purchases totaling 4,846 BTC, worth about $503 million as of today.
The largest purchase occurred between January 11 and February 3, 2025, when it bought 871 BTC for $88.5 million at an average price of $101,616 per Bitcoin. This was funded through various financial methods, including a senior convertible note offering. Other notable purchases include 455 BTC for $50 million in May 2025 and 303 BTC for $29.3 million in December 2024.
Semler aims to reach 10,000 BTC by the end of the year, 42,000 by 2026, and 105,000 by 2027. The company’s BTC Yield is currently at 30.3% for the year, indicating a successful strategy despite a 41% drop in its stock price this year.
More Firms Make the Bitcoin Move
The Bitcoin market has seen several notable visits, with some firms shopping for the first time. Convano Inc., as one of such firms, launched its Bitcoin treasury strategy today and plans to purchase $2.7 million in Bitcoin by the end of July. This move shows the company’s commitment to diversifying its assets and exploring digital asset opportunities.
Convano Inc.’s Bitcoin strategy aims to provide value over time. The plan to invest $2.7 million in Bitcoin seems to be a smart choice to pursue growth and returns. With its experience in the beauty industry, the company. is now entering the crypto market.
Meanwhile, Volcon Inc. also announced that it is raising $500 million to focus on Bitcoin, selling 50,142,851 shares at $10 each. Most funds will go towards Bitcoin purchases. The deal closes by July 21, 2025, and involves a partnership with Gemini Nustar LLC.
