American healthcare firm Semler Scientific has displayed unwavering confidence in the world’s leading crypto, bitcoin (BTC). As revealed in a recent filing from the company, while the crypto market soared to new highs and investors cashed out their profits, Semler Scientific hit the market with a strategic 455 BTC purchase.
Remarkably, it spread the purchase over nine days, from May 13, 2025, to May 22, 2025. Hence, it acquired the crypto at varied market prices to reach an average purchase price of $109,801 per bitcoin, including transaction fees and expenses.
4,264 BTC Bagged
As revealed in Semler’s filing, it spent $50 million raised from its At-the-Market (ATM) offering program to fund its latest 455 BTC purchase. Concluding Friday’s purchase, the healthcare firm has spent $390 million to purchase 4,264 BTC at an average purchase price of $91,471 per BTC.
With BTC trading around the $110,000 range, its holding is valued at approximately $475 million. Thus, the firm has achieved about $85 million in unrealized profits. Remarkably, the firm adopted a strategic BTC reserve in 2024 and has purchased the leading crypto a few times, thus its profits remain limited. However, with BTC hitting new highs, Semler is positioned to enjoy profits.
Long-term BTC holders like the American business intelligence firm, Strategy, which started purchasing the apex coin in 2020, have secured over $20 billion in unrealized profits. The first bitcoin country, El Salvador, has also recorded over $350 million in unrealized profits.
BTC Hits New All-time High
On Thursday, May 22, 2025, the world’s leading crypto, BTC, soared to a new high of around $111,880, surpassing its previous high by almost 2%. Consequently, the bitcoin market capitalization surged past $2 trillion, surpassing the Chinese Yuan and amounting to double the value of Elon Musk’s car firm, Tesla.
Other crypto assets partially joined the uptrend, as the entire crypto market capitalization surpassed $3.5 trillion on the same day.
However, the uptrend didn’t last for so long as a tariff announcement from U.S. President Donald Trump led investors to secure their profits. Thus, sending the leading crypto below $107,300 and stripping off over $500 million from leverage traders within a few hours.
Meanwhile, the crypto market has recovered a bit after the dip as BTC trades above $109,000 at press time.
