Semler Scientific has added $20 million in Bitcoin to its holdings, bringing its total BTC reserves to over $467 million.
The purchase was made at an average price of $107,974 per BTC, funded through capital raised from the issuance and sale of SMLR common stock.
Semler now holds a total of 4,449 BTC, with an average purchase price of $92,158 across all its Bitcoin holdings, resulting in a cost basis of $410 million.
This move has positioned Semler as the 15th largest publicly traded company in terms of BTC holdings, reflecting the growing trend of companies diversifying their balance sheets with digital assets.