Are you ready to delve into the fascinating world of Semler Scientific's recent Bitcoin acquisitions? Brace yourself for some exciting updates! Semler Scientific has just added 187 more Bitcoins to its stash, pushing its total holdings to a whopping 4,636 BTC. Imagine that – over $500 million in Bitcoin at today's market rates!
The Latest Bitcoin Shopping Spree
Smart Money Moves
Between June 4 and July 2, Semler Scientific didn't hold back, snagging these additional Bitcoins at an average price of $106,906 per coin. How did they fund this shopping spree, you ask? Well, it was all powered by the success of Semler's ongoing at-the-market (ATM) stock program.
Strategic Financial Partnerships
Raising the Stakes
Back in April, Semler Scientific teamed up with big names like Barclays Capital, Cantor Fitzgerald, and others to sell up to $500 million of its common stock. Fast forward to July 2, and Semler has already pocketed $156.6 million from selling over 4.1 million shares. Now, that's what we call strategic financial maneuvering!
The Bitcoin Evolution at Semler
A Game-Changing Decision
In May 2024, Semler Scientific made a bold move by making Bitcoin its primary treasury reserve asset. Since then, they've been on a mission, steadily accumulating Bitcoins year after year. Today, Semler proudly sits at the 15th spot among public companies with the most Bitcoin holdings, as per The Block's corporate dashboard.
Unlocking Value through Bitcoin
The Numbers Speak
With 4,636 Bitcoins in their digital wallet and an average cost of $92,753 per coin, Semler has invested around $430 million, fees included. And guess what? They've already seen an unrealized gain of approximately $72 million. Using their unique "BTC Yield" metric, Semler tracks how Bitcoin boosts shareholder value. Their year-to-date BTC Yield stands at an impressive 29%, up from 26.7% last month.
Steering Towards Success
Leadership Reinforcement
To further solidify their Bitcoin strategy, Semler recently brought Joe Burnett on board as the Director of Bitcoin Strategy. With Burnett's expertise from his time at Unchained and Blockware Solutions, Semler is all set to accelerate its Bitcoin accumulation game plan.
"We are witnessing the global monetization of Bitcoin as a superior form of money," remarked Burnett. "The trend of integrating Bitcoin into corporate treasury functions is clearly picking up speed."
The Future Outlook
Setting Ambitious Goals
Looking ahead, Semler aims high. Their target? To hold 10,000 Bitcoins by the end of 2025, a whopping 42,000 by 2026, and an impressive 105,000 by 2027. With such ambitious goals, Semler Scientific is definitely a company to watch in the evolving landscape of cryptocurrency and finance.
Are you ready to ride the wave of Bitcoin success with Semler Scientific? Stay tuned for more thrilling updates and strategic insights!
CFTC
How To
How to keep physical gold in an IRA
The easiest way to invest is to buy shares in companies that make gold. However, this method comes with many risks because there's no guarantee that these companies will continue to survive. If they survive, there's still the risk of losing money due to fluctuations in the price of gold.
Another option is to purchase physical gold. You'll need to open a bank account, buy gold online from a trusted seller, or open an online bullion trading account. This option has many advantages, including the ease of access (you don’t have to deal with stock markets) and the ability of making purchases at low prices. It's also easier to see how much gold you've got stored. A receipt will be sent to you indicating exactly how much you paid. This will allow you to see if there were any tax omissions. You are also less likely to be robbed than investing in stocks.
However, there are some disadvantages too. For example, you won't benefit from banks' interest rates or investment funds. It won't allow you to diversify any of your holdings. Instead, you'll be stuck with what's been bought. Finally, the taxman might want to know where your gold has been placed!
BullionVault.com offers more information on buying gold for an IRA.
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By: Jenna Montgomery
Title: Discover How Semler Scientific Boosts Bitcoin Holdings to Over 4,600 BTC
Sourced From: bitcoinmagazine.com/news/semler-scientific-acquires-187-more-bitcoin-surpassing-4600-btc-in-holdings
Published Date: Mon, 07 Jul 2025 18:25:15 +0000
