Medical device provider Semler Scientific has acquired 455 bitcoins for $50 million, one of the biggest purchases as higher publicly traded companies continue to adopt a Bitcoin treasury strategy.
According to Form 8-K filed with the SEC on May 23, the company purchased Bitcoin at an average price of $109,801 per coin (including fees) between May 13 and May 22. The acquisition brings Semler’s total Bitcoin holdings to 4,264 BTC, with a total cost of $390 million.
The purchase was funded through Semler’s Market Stock (ATM) equity product, which has raised approximately $114.8 million since its launch in April 2025. The company has issued 3,003,488 shares under a $500 million plan to date.
“$SMLR acquired 455 bitcoins for $50 million and generated a BTC yield of 25.8% YTD. It now holds $4,264 of BTC. Flywheel. Based on the current market price, the company’s Bitcoin holdings are now worth approximately $474.4 million.
Semler reported its Bitcoin production – a key performance indicator that measures annual to date percentage change in total Bitcoin holdings reached 25.8% in 2025 relative to outstanding stocks. This metric has become a standard measure for public companies holding Bitcoin.
The company maintains a Bitcoin dashboard on its website to provide transparent information about its stake, including market data, performance indicators and access to details, as part of its regulatory FD compliance strategy.
Semler’s move is to accelerate the adoption of Bitcoin in 2025, while only more than 40 listed companies have announced their Bitcoin treasury plans this year. As institutional adoption continues to grow, the market’s sensitivity to the company’s treasury activities has increased.
The company’s latest Bitcoin purchases enhance the growth trend of listed companies using equity products to fund Bitcoin acquisitions, pioneered by larger players such as the strategy, which recently increased 7,390 BTC holdings through similar funding mechanisms.
