Semler Scientific expands Bitcoin holdings to 3,192 BTC

Semler Scientific has expanded its Bitcoin holdings, acquiring an additional 871 BTC for $ 88.5 million.

Between January 11 and February 3, Semler did this bitcoin (BTC) Purchase, which was funded by the product of a senior convertible ticket offer and the partial monetization of its participation in Monarch Medical Technologies, according to the press release from Semler.

With Last acquisitionSemler Scientific now holds 3,192 BTCs, bought at an average price of $ 87,854 per Bitcoin, totaling $ 280.4 million. The company declared a return to BTC of the year up to date of 21.9%, with a return of 152.2% since the adoption of its Bitcoin cash strategy in July 2024.

President Eric Semler underlined a high demand for investors for the company’s convertible tickets and the company’s commitment to the accumulation of Bitcoin. “We are delighted with the progress we make to develop our stock of bitcoin,” said Semler.

The manufacturer of medical devices has previously stated that it is “focused on the laser” on the acquisition and maintenance of a greater Bitcoin reserve.

Convertible senior notes

The company previously announcement A private offer of $ 75 million in higher tickets convertible to institutional buyers, with the product for Bitcoin purchases.

Tickets, due in 2030, will accumulate the semi -annually interest and can be settled in cash, actions or in combination of the two during the conversion.

These purchases are similar to those made by other companies, such as Microstrategy and engineering group, who gained ground In the crypto space by acquiring bitcoin in the context of their financial strategy.