Key Takeaways
- Semler Scientific acquired 871 extra Bitcoin for $88.5 million.
- The agency’s complete Bitcoin holdings now stand at 3,192 BTC, price $320 million.
- MicroStrategy paused its Bitcoin purchases after a 12-week streak.
Semler Scientific, a Nasdaq-listed healthcare expertise agency, has acquired a further 871 Bitcoin between Jan. 11 and Feb. 3.
The corporate paid a median worth of $101,616 per BTC, in accordance with an 8-Okay submitting with the U.S. Securities and Change Fee on Tuesday.
Funding sources
The most recent purchases have been funded by way of proceeds from Semler’s January 2025 senior convertible notes providing and the partial monetization of its funding in Monarch Medical Applied sciences.
Present holdings
As of Feb. 3, Semler holds 3,192 BTC, valued at roughly $320 million.
The corporate’s complete Bitcoin purchases quantity to $280.4 million at a median worth of $87,854 per BTC, together with charges and bills.
Semler beforehand purchased 237 BTC for $23.3 million between Dec. 16, 2024, and Jan. 10.
Semler Scientific Chair Eric Semler expressed satisfaction with the agency’s Bitcoin accumulation technique, stating:
We’re thrilled with the progress we’re making in rising our bitcoin stockpile. We have been particularly happy with our profitable convertible notes providing, which was considerably oversubscribed with investor demand.
Market affect
Semler Scientific’s inventory rose 1.6% in early buying and selling Tuesday following the announcement.
Trade context
In the meantime, Bitcoin treasury large MicroStrategy ended a 12-week shopping for streak, conserving its holdings at 471,107 BTC, price over $47 billion.