Semler Scientific, a healthcare tech company, has spent $10 million to buy 111 Bitcoins, showing a strong belief in digital money as a key asset. This move highlights a growing pattern of businesses spreading out their savings.
Semler Spends $10M on BTC Shopping
Semler Scientific, known for its QuantaFlo cardiovascular testing device, announced today the acquisition of 111 Bitcoins for $10 million, as shared by its Chairman via a post on X.
Semler Scientific acquires 111 #bitcoins for $10 million and has generated BTC Yield of 23.5% YTD. Now holding 3,303 $BTC. Just getting started. 🚀 $SMLR
— Eric Semler (@SemlerEric) April 25, 2025
The purchase, funded through cash from operations and proceeds from an at-the-market (ATM) equity offering, is in line with the company’s plans to hold Bitcoin as a primary reserve asset.
This latest purchase follows a pattern of consistent Bitcoin buys since 2024, when Semler first adopted its Bitcoin treasury strategy, starting with 581 Bitcoins for $40 million. Subsequent purchases include 247 bitcoins for $17 million in June, 303 bitcoins for $29.3 million in December, and 237 bitcoins for $23.3 million in January 2025. As of January 10, 2025, Semler held 2,321 bitcoins, acquired for $191.9 million at an average price of $82,687 per bitcoin.
Bitcoin’s Corporate Adoption
Semler’s approach follows a broader trend among public companies adding Bitcoin to their treasuries. For instance, Strategy, the largest corporate Bitcoin holder, holds 538,200 BTC, acquired for $36.47 billion at $67,766 per bitcoin, with a BTC Yield of 12.1% YTD 2025.
Japanese firm Metaplanet, dubbed “Asia’s MicroStrategy,” with its latest acquisition, holds a total of 5,000 BTC, valued at roughly $428.1 million, with an average purchase price of $85,621 per coin. The company reported a Bitcoin Yield—a measure of Bitcoin growth relative to shares—of 121.1% year-to-date in 2025, showcasing the success of its crypto-focused approach.
This corporate adoption, with over 50 public firms holding Bitcoin, signals growing institutional trust in the digital asset as an inflation hedge and store of value. With increased corporate buying, the Bitcoin market has been strengthened, potentially driving prices higher, as it currently hovers at $94,625.94 according to CoinmarketCap.
