Semler Scientific has increased its Bitcoin holdings with a $20 million purchase, bringing its total holdings to 4,636 BTC.
The company reported a year-to-date Bitcoin yield of 29%, indicating strong returns on its crypto treasury position.
Started as a medical technology firm, Semler Scientific has shifted its focus toward digital assets and made headlines in May 2024 by allocating part of its balance sheet to Bitcoin.
The recent purchase underscores Semler's commitment to utilizing Bitcoin as a core reserve asset, joining other public companies in diversifying treasury reserves with digital stores of value.