Key notes
- Semler Scientific bought 165 bitcoin for $ 15.7 million between April 25 and 29.
- Total BTC Holdings now amounts to 3,467 BTC, worth $ 330.6 million.
- The company spent $ 15.7 million on its last BTC acquisition, which emerged from a recent sale of shares.
Semler Scientific, a company listed in Nasdaq, has made another step in its ambitious and deliberate plan to accumulate Bitcoin.
In a recent update, the president of the company, Eric Semler, confirmed the addition of 165 other BTC to his record on April 29. This decision brings its total assets to 3,467 BTC.
The company strengthens the position of the bitcoin with a fresh purchase
According to his latest publication, between April 25 and April 29, 2025, Semler Scientific bought 165 Bitcoin chips for $ 15.7 million. This puts the average price by Bitcoin at $ 94,931, including costs. As detailed by the company, the funds used in the purchase of digital assets came from the company’s equity supply (ATM) of the company.
After the last purchase, the company’s total Bitcoin Holdings reached 3,467 BTC. These assets were acquired for $ 306.1 million combined, with an average purchase price of $ 88,263 per Bitcoin. As of April 29, the market value of the entire BTC portfolio amounted to $ 330.6 million.
It should be mentioned that Semler used Bitcoin as the principle of reserve of the treasury. The company is now classified among the main holders of cryptocurrency companies. Likewise, the company’s bitcoin acquisition plan follows the Metaplanet strategy and model to continue buying BTC.
The strategy recently acquired 6,556 bitcoin. The company’s Bitcoin holdings now total 553,555 BTC worth $ 52 billion. Metaplanet has also recently acquired 330 additional bitcoin, bringing its total to 4,855 BTC, worth more than $ 400 million.
The decision to sow scientific to continue to increase its position shows its continuous belief in the long -term value of bitcoin. In the same time, the company issued 559,000 shares as part of its ATM program, generating $ 19.5 million in net product.
This sale of shares has helped finance the most recent purchase of the BTC.
BTC Yield linked to the action emission strategy
According to the update, on April 29, Semler Scientific reported a BTC return for the start of the year 23.8%. The company uses this figure as a key performance indicator (KPI) to help it follow the effectiveness of its Bitcoin strategy.
This is important because the company is in capital by selling its own shares, then using these funds to buy more bitcoin.
Semler Scientific should publish its profits from the first quarter of 2025 on May 13 after the closing of the market. At 4.30 p.m., CEO Doug Murphy-Chitorienien and other senior executives welcome a conference call. Investors are encouraged to register early and submit questions before the event.
Another notable development of Bitcoin during the same week that the purchase of Semler is the plan of Coinbase to launch a Bitcoin return fund for institutional investors. The fund, which should be posted on May 1, will offer non -American institutions the opportunity to earn regular returns on their BTC participations.
Meanwhile, the founder of Bitmex, Arthur Hayes, recently reaffirmed his conviction that Bitcoin could reach 1.5 million dollars by 2028. He attributes this potential growth to the liquidity policies of the United States supporting cryptographic assets. Currently, CoinMarketCap data is with a Bitcoin at $ 94,330.25, down 0.51% in the last 24 hours.
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Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.
