Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3,634 BTC | Breaking Crypto News & Blockchain Updates

Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3,634 BTC — Semler Scientific (SMLR) added to its bitcoin (BTC) holdings last week. The company acquired 167 BTC for $16.2 million, or an average price of about $...

Semler Scientific (SMLR) added to its bitcoin (BTC) holdings last week.

The company acquired 167 BTC for $16.2 million, or an average price of about $97,000 each, according to aMonday morning SEC filing.

The purchases appeared to be mostly or totally funded via sales of common stock, with the company disclosing it's sold 1.166 million shares for $39.8 million under its April 15 at-the-market offering (SMLR previously disclosed bitcoin purchases on April 25 and April 30).

Semler now holds 3,634 bitcoin acquired for $322.3 million, or an average price of $88,668 each. At bitcoin's current price around $94,000, the holdings are worth more than $340 million.

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

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