Semler Scientific Expands Bitcoin Holdings by Acquiring 167 BTC

Semler Scientific (SMLR) has boosted its Bitcoin (BTC) reserves by purchasing 167 BTC for $16.2 million, which averages to about $97,000 each. This acquisition follows a recent filing with the SEC that details the transaction.

Key Highlights:

• Funding Method: The majority of these acquisitions appear to have been funded through sales of common stock. Semler reported selling 1.166 million shares for $39.8 million.
• Holdings Overview: With this new acquisition, Semler now possesses 3,634 BTC purchased for $322.3 million, translating to an average price of $88,668 per Bitcoin. At the current price of about $94,000, the total value of these holdings exceeds $340 million.

For more details, visit their SEC filing.