Semler Scientific Gobbles $50 Million Worth of Bitcoin, Now Owns Over 4,000 BTC
Ah, Semler Scientific, that humble US medical tech company—how modest! Not satisfied with just a few million, they’ve decided to feast on another $50 million worth of Bitcoin, adding a hearty 455 BTC to their already fat stack.
A new filing with the ever-watchful U.S. Securities and Exchange Commission (SEC) reveals that between May 13th and May 22nd, Semler picked up these coins at an average price of $109,801 each, fees and all. Oh, what a deal! Who wouldn’t want to pay that for a little digital currency?
Now, brace yourselves: Semler’s crypto hoard has swelled to an impressive 4,264 BTC, a collection they obtained for a paltry $390 million. At this rate, they should just open their own Bitcoin museum. For context, the average purchase price is a modest $91,471 per coin—what a bargain! 🌟
And here’s the cherry on top: with Bitcoin currently trading at $107,322 (as I write this with a smug smile), Semler’s BTC stash is worth a staggering $457.6 million. The top-ranked crypto asset is down almost 4% in the last 24 hours, after recently hitting a record high of $111,814 on Thursday—because who doesn’t love a little rollercoaster ride in their portfolio?
Eric Semler, the company’s founder and chairman, proudly boasts a yield of 25.8% year-to-date from their Bitcoin holdings. Sure, why not flaunt a bit when your crypto game is this strong?
According to BitcoinTreasuries.net, Semler is now the 13th largest corporate holder of Bitcoin in the world. Yes, right there between “small fry” and “giants.” 🏅
In May 2024, Semler made headlines by becoming the second publicly traded US company to adopt a Bitcoin treasury policy. Naturally, this was after the titans at Strategy (formerly MicroStrategy) paved the way. Strategy, ever the overachiever, now boasts the largest Bitcoin treasure trove, holding a whopping 576,230 BTC worth $62.14 billion. I mean, why not aim for the stars when you’re at the top of the game?
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2025-05-24 20:01