Semler Scientific to Expand Bitcoin Reserves with $500M Securities Offering

Semler Scientific, a publicly traded healthcare technology company (Nasdaq: SMLR), has filed with the U.S. Securities and Exchange Commission to offer up to $500 million in securities. This significant move points to the company’s deepening commitment to its Bitcoin investment strategy.

The announcement comes shortly after Semler agreed to pay $29.75 million to settle claims from the U.S. Department of Justice regarding the marketing of its QuantaFlo product. To cover this amount, the company is using a loan from crypto exchange Coinbase, secured against its existing Bitcoin holdings.

As of February 2025, Semler held 3,192 BTC, valued at approximately $267 million based on its most recent SEC filing. Having entered the Bitcoin market in mid-2024, the company purchased its holdings at an average price of $87,854 per coin. Since then, it has embraced a new key performance metric dubbed “BTC Yield,” boasting a 152.2% year-to-date return as of early 2025.

Future Plans and Industry Context

Although the new $500 million securities offering outlines several potential uses, strong indications suggest that increased Bitcoin accumulation is a central focus. This strategic direction puts Semler alongside other corporate Bitcoin adopters such as:

Strategy (formerly MicroStrategy), which recently added 3,459 BTC to its portfolio, maintaining its status as the leading corporate holder.
Metaplanet, which continues its investment push and now ranks as the 10th largest corporate Bitcoin holder globally.

Semler’s assertive approach highlights a growing trend of public companies integrating Bitcoin into their treasury management practices. With market volatility persisting, Bitcoin is increasingly seen as a strategic financial asset.

For additional information, see the original article on Blockhead.

Future Plans and Industry Context

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