Semler Scientific, a medical machine firm, purchased of $50 million price of Bitcoin between May 13 and May 22, bringing the market worth of the corporate’s Bitcoin (BTC) holdings to $474.4 million, keeping it inside the high 13 of BTC Treasury corporations.
According to a May 23 disclosure, Semler purchased a complete of 455 BTC for a mean purchase value of $109,801. To purchase the Bitcoin, Semler Scientific used proceeds from an at-the-market inventory providing program. So far, the corporate has offered roughly 3 million shares of frequent inventory for internet proceeds of $115 million.
Semler Scientific’s shares have fallen 1.36% on the identical day because the disclosure, although the lower in its share value is essentially in line with the Nasdaq’s efficiency. That index, which follows high tech shares, is down 1% on the day.
In its Q1 2025 earnings report launched on May 13, the corporate revealed a 44% drop in revenue year-over-year. Despite the claimed success of its Bitcoin treasury plan, Semler Scientific’s shares have dropped 18% in 2025, in line with Google Finance.
Bitcoin treasury corporations, or corporations that historically promote fairness or problem debt to purchase BTC, had been drawing the curiosity of buyers on the lookout for publicity to Bitcoin value fluctuations.
Michael Saylor’s Strategy debuted its BTC reserve in August 2020, when it began buying Bitcoin. Bitcoin is up 181.6% 12 months thus far, whereas Semler Scientific shares rose 53% since asserting the BTC method in May 2024.
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