Medical-device maker Semler Scientific (Nasdaq: SMLR) has added another 455 bitcoin (BTC) to its balance-sheet, spending roughly $50 million and lifting the fair-value of its digital-asset treasury to about $474 million at current market prices. The acquisition, disclosed late on 23 May, takes the company’s total holdings to 4,264 BTC. CoinDeskCointelegraph
The coins were accumulated between 13 and 22 May at an average price of $109,801 per BTC, inclusive of fees, bringing Semler’s aggregate cost basis for bitcoin to $390 million. With BTC trading near $111,000 on Friday, the unrealised gain on the position now tops $84 million. CointelegraphCoinDesk
Semler funded the purchase through its at-the-market (ATM) equity-offering programme launched on 15 April. To date the company has sold about 3 million shares, raising $114.8 million of the programme’s $500 million capacity, earmarking a large share of the proceeds for further BTC accumulation. CoinDeskCointelegraph
Chairman Eric Semler hailed the move on X (formerly Twitter), declaring the firm’s “flywheel in motion” as its proprietary BTC Yield — a metric tracking bitcoin per diluted share — rose to 25.8 % year-to-date. BTC TimesCoinDesk
After the latest buy, Semler ranks 13th globally among publicly traded bitcoin-treasury companies, according to data cited in the filing. Cointelegraph
The market response was muted; Semler shares slipped 1.36 % on the disclosure day, broadly matching the Nasdaq’s dip, yet the stock remains 53 % higher since the firm first adopted a bitcoin-standard treasury policy in May 2024. Cointelegraph
Semler’s aggressive stance reflects a broader 2025 trend of corporates turning to bitcoin as a hedge and capital-markets draw, mirroring high-profile strategies pioneered by firms such as Strategy. With $500 million in authorised ATM capacity still largely untapped, further purchases may follow if management judges market conditions favourable.