From Cointelegraph

May 23, 2025 6:19 pm:

Semler Scientific purchased $50 million worth of Bitcoin between May 13 and May 22, bringing their BTC holdings to $474.4 million, remaining in the top 13 of BTC Treasury companies. The company bought 455 BTC at an average price of $109,801 using proceeds from a stock offering program.

Despite the Bitcoin purchase, Semler Scientific’s shares fell 1.36% on the day of disclosure, in line with Nasdaq’s 1% drop. In Q1 2025, the company reported a 44% revenue decrease year-over-year, leading to an 18% drop in share price in 2025. Bitcoin treasury companies attract investors seeking Bitcoin exposure.

Michael Saylor’s Strategy initiated its BTC reserve in August 2020, seeing a 181.6% increase in Bitcoin’s value year-to-date. Semler Scientific shares surged by 53% since announcing their BTC strategy in May 2024. Bitcoin’s growth and Semler’s Bitcoin approach have drawn investor interest.

Read more at Cointelegraph: Semler Scientific boosts BTC holdings with $50M purchase