Semler Scientific Expands Bitcoin Reserves to 2,321 BTC, Credits Cryptocurrency Investments for Company Revitalization

Semler Scientific, a healthcare technology firm, has expanded its Bitcoin reserves with the purchase of 237 BTC for $23 million, at an average price of just

Healthcare technology firm Semler Scientific (OTC: SMLRF) has expanded its Bitcoin (CRYPTO: BTC) reserves with the purchase of 237 BTC for $23 million, at an average price of just over $98,000 per coin.

The acquisition brings the company’s total Bitcoin holdings to 2,321 BTC, valued at nearly $192 million. Semler funded the purchase using stock sales and operational cash flow, with an average cost per Bitcoin of less than $83,000.

Semler, once struggling to grow, now credits its Bitcoin investments with revitalizing the company. In a statement, CEO Doug Murphy-Chutorian highlighted their commitment to acquiring and holding BTC, a strategy that has helped the firm emerge from financial stagnation. Semler's Bitcoin yield, a measure of BTC held relative to outstanding shares, now stands at 99.3%, underscoring the success of this approach.

Semler joins a growing group of companies following in the footsteps of MicroStrategy (NASDAQ:MSTR), which pioneered corporate Bitcoin investment in 2020 under the leadership of Michael Saylor. This strategy has proven highly lucrative for MicroStrategy, with its stock surging by 2,000% since January 2020.

This success has inspired other firms to adopt a similar approach, including Hoth Therapeutics and Genius Group. As of January 2025, public companies collectively hold over $54 billion in Bitcoin, with Semler ranking 13th among them. MicroStrategy remains the largest holder, boasting over $40 billion in reserves.

Institutions and state governments increasingly view Bitcoin as a hedge against inflation and economic uncertainty, further solidifying its role in corporate treasuries and investment strategies.