Semler Scientific has acquired 185 Bitcoin, raising their total holdings to 4,449 BTC by purchasing the cryptocurrency between May 23 and June 3 for $20 million.
The company has utilized operating cash flow and proceeds from debt and equity financings to grow their bitcoin arsenal, with an average purchase price of $107,974 per Bitcoin.
Since the launch of their at-the-market program in April, Semler has raised around $136.2 million, holding 4,449 Bitcoin acquired for $410.0 million.
The company uses BTC Yield as a key performance indicator, achieving a yield of 26.7% year-to-date and aims for growth and cash generation from their healthcare business alongside the Bitcoin treasury strategy.