Semler Scientific Purchases 871 Bitcoins; Achieves Impressive BTC Yield

In a significant update, Semler Scientific has announced updates regarding its bitcoin activity and holdings, and BTC Yield, a key performance indicator. 

The press release noted that from January 11 to February 3, 2025, Semler Scientific bought 871 bitcoins for $88.5 million using funds from its January 2025 senior convertible notes offering and the sale of part of its stake in Monarch Medical Technologies, LLC. The average price of its bitcoin purchases was $101,616 per bitcoin, inclusive of fees and expenses. 

As of February 3, 2025, Semler Scientific holds  3,192 bitcoins. Furthermore, Semler Scientific achieved a BTC yield of 21.9% from January 1 to February 3, 2025, and an impressive 152.2% from July 1, 2024, through February 3, 2025, following its adoption of a bitcoin treasury strategy.

“We are thrilled with the progress we are making in growing our bitcoin stockpile,” expressed Eric Semler, chairman of Semler Scientific. 

The Chairman revealed that they were especially pleased with the success of their convertible notes offering, which saw strong investor demand.

Soaring Institutional Demand

Remarkably, Bitcoin holdings across corporations, funds, and treasuries have surpassed 3.03 million coins. Despite the recent dip below $100,000, corporate buyers are still charging ahead, snapping up more BTC. In just the past 30 days, Bitcoin held in corporate, government, fund-based, and other treasuries has surged to an impressive 3.03 million BTC – a staggering 14% of the total supply.

MicroStrategy led the way in corporate Bitcoin holdings, replacing the dominance of retail investors. While more corporate and government demand is seen as good for BTC in the short term, some worry about too much control over it. Corporate treasuries are being watched for continued demand, especially if MicroStrategy slows down its buying. The company, which used convertible bonds to buy BTC, has paused purchases at times, including when the price dropped to $91,000.