Semler Scientific, a healthcare tech agency, has bought an extra 211 Bitcoin for $21.5 million to achieve a complete of two,084 Bitcoin.
Semler Scientific has acquired 211 BTC for ~$21.5 million at ~$101,890 per #bitcoin and has generated BTC Yield of 67.0% QTD and 92.8% since adopting our BTC treasury technique in Could. As of 12/15/24, we held 2,084 $BTC acquired for ~$168.6 million at ~$80,916 per bitcoin. $SMLR
— Eric Semler (@SemlerEric) December 16, 2024
The most recent acquisition, made between December fifth and December fifteenth, was funded via working money stream and proceeds from an at-the-market (ATM) inventory providing.
Semler paid a mean worth of $101,890 per Bitcoin for its latest purchases, larger than its cumulative common price of $80,916 per Bitcoin.
The corporate has additionally expanded its ATM providing, rising its capability to boost funds via share gross sales by $50 million, for a complete of $150 million.
Thus far, it has generated $100 million in gross proceeds from this system, a good portion of which has been directed towards Bitcoin purchases.
Semler is utilizing a metric referred to as Bitcoin Yield (BTC Yield) to measure the success of its technique, which compares the expansion of its Bitcoin holdings to the capital raised.
The corporate reported a cumulative BTC Yield of 92.8% since adopting the technique earlier this 12 months.
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