Semler Scientific Buys $10M More Bitcoin as Part of Bold Strategic Shift

Healthcare technology company Semler Scientific has deepened its commitment to Bitcoin (BTC), purchasing an additional $10 million worth of the cryptocurrency, signaling a major pivot toward digital asset investment.

In a statement dated April 25, Semler confirmed it had acquired 111 BTC since February 14, paying an average price of $90,000 per coin.

This latest move boosts Semler’s Bitcoin holdings to over 3,300 BTC, with a total market value nearing $300 million based on current prices.

Bitcoin Strategy Delivers Strong Returns
Semler reported a 23.5% year-to-date Bitcoin yield, a key performance indicator (KPI) that tracks the growth of Bitcoin holdings relative to outstanding company shares—giving shareholders greater exposure to BTC.

The firm emphasized that Bitcoin Yield helps evaluate the effectiveness of its Bitcoin accumulation strategy in driving shareholder value.

Traditionally known for developing diagnostic tools for chronic diseases, Semler has partially financed its crypto purchases by issuing $125 million in new stock, and earlier this year, announced plans for another $75 million fundraising through convertible senior notes.

Following the MicroStrategy Playbook
Semler’s shift mirrors a growing trend set by Michael Saylor’s company, Strategy (formerly MicroStrategy), whose aggressive Bitcoin acquisitions helped catapult its stock price over 350% in 2024.

Inspired by this success, more public companies—including Semler—are now holding Bitcoin as a treasury reserve asset.

As of April 25, public firms collectively hold about $71 billion worth of Bitcoin, according to BitcoinTreasuries.NET. Strategy remains the largest holder with more than $50 billion in BTC after a recent buy of 6,556 coins at an average price of $84,785 each.

Bitcoin Adoption Rises Among Public Companies
Publicly listed companies expanded their Bitcoin reserves by 16.1% during Q1 2025, based on research from Bitwise. Overall, corporate Bitcoin holdings reached around 688,000 BTC, totaling approximately $56.7 billion in value at the end of March.

Meanwhile, Bitcoin-related legislation continues to gain traction across the U.S.
Data from Bitcoin Law shows 47 Bitcoin reserve bills introduced across 26 states, with 41 bills actively moving through state legislatures.

In one major development, Kentucky Governor Andy Beshear signed House Bill 701—dubbed the “Bitcoin Rights” bill—into law, making Kentucky one of the latest states to safeguard digital asset operations and ownership.