The medical technology company SEMLER Scientific (NASDAQ: SMLR) is continuing its aggressive investment strategy in crypto-assets with the acquisition of 871 additional bitcoins, bearing its total portfolio to 3,192 BTC. This transaction comes as the microstrategy giant marks a break in its acquisitions.
Sowing Scientific Put Big on Bitcoin and sees its performance exploding
Between January 11 and February 3, 2025, Semler Scientific invested $ 88.5 million in the purchase of new bitcoins. To finance the operation, the company has issued convertible obligations and sold part of its shares in Monarch Medical Technologies. The average acquisition price has established at 101,616 dollars per BTC.
The company now has a total of 3,192 bitcoinsrepresenting a cumulative investment of $ 280.4 million, with an average purchase price of $ 87,854 per unit. This position in Bitcoin represents a major part of its total stock market valuation of $ 484.2 million.
“” We are very satisfied with the increase in our position in Bitcoin “Haded Eric Semler, president of the company, highlighting the strong interest of investors for the issue of convertible bonds.
Since July 2024, this strategy has proven to be fruitful with a yield of 152.2 %. With 3,192 BTCs in the portfolio, Bitcoin investment now represents more than half of the company's market capitalization, valued at $ 484.2 million. A major transformation for this company specializing in medical technologies.
A strategic turn that raises questions
Although the Bitcoin strategy of Semler Scientific has an impressive return of 152.2 % since July 2024, it raises questions. The increase in the number of shares from 8.086 to 11.672 million in seven months represents a significant dilution for shareholders.
This announcement coincides with the first purchasing break in 12 weeks of microstrategy, the largest institutional holder in Bitcoin with 471,107 BTC. A judgment which occurs in a context of volatility, Bitcoin evolving under 100,000 dollars after its historical records; A situation linked following the trade tensions initiated by Donald Trump with China, Mexico and Canada.
In short, this bitcoin adoption trend as a value reserve by companies is strengthened. To semler Scientific, valued at $ 484.2 million on the stock market, his Bitcoin assets now constitute a major part of his value, considerably transforming his medical business identity.
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