Key Takeaways
- Semler acquired 237 Bitcoin for $23.3 million, averaging $98,267 per BTC.
- The company now holds 2,321 BTC, acquired at $82,687 per BTC.
- Semler's BTC Yield reached 99.3% over six months.
Semler Scientific announced the acquisition of 237 Bitcoin between December 16, 2024, and January 10, 2025.
The purchase, funded by proceeds from its ATM equity offering and operating cash flow, amounted to $23.3 million at an average price of $98,267 per Bitcoin, including fees.
As of January 10, 2025, the company’s total Bitcoin holdings stand at 2,321 BTC, acquired for $191.9 million at an average price of $82,687 per Bitcoin.
ATM equity offering update
To support its Bitcoin acquisition strategy, Semler expanded its at-the-market (ATM) equity offering in December 2024 by $50 million, bringing the total to $150 million.
By January 10, 2025, the company had raised $121.8 million through share sales.
BTC yield as a key metric
Semler reported a 99.3% BTC Yield between July 1, 2024, and January 10, 2025.
BTC Yield measures the percentage change in the ratio of Bitcoin holdings to diluted shares outstanding and is used to evaluate the accretive nature of its Bitcoin purchases for stockholders.
