The company leverages a successful convertible notes offering and strategic asset monetization to execute substantial Bitcoin acquisition strategy.
The portfolio demonstrates impressive performance with 21.9% YTD BTC yield and 152% growth since July 2024, driving stock value up 126%.
The strategic move aligns with broader institutional Bitcoin adoption trend, as global treasury holdings reach 3.03M BTC across 157 entities.
Seller Scientific Inc. (NASDAQ: SMLR), a small-cap company that engages in the provision of tech solutions to assist customers evaluate and treat chronic diseases, announced an increase in its Bitcoin holdings. The $467 million company announced the acquisition of 871 Bitcoins for $88.5 million between January 11, 2025, and February 3, 2025.
Semler Scientific announced that it used the proceeds generated from the January 2025 senior convertible notes offering and monetization of its investment in Monarch Medical Technologies LLC., to purchase the recent Bitcoins.
As a result, the company now holds about 3,192 Bitcoins, which are currently worth about $317 million based on the current market value of around $99.3k.
According to Eric Semler, the Chairman of Semler Scientific, the company has achieved a BTC Yield of about 21.9 percent year-to-date. From July 1, 2024, to date, the company has achieved a BTC Yield of 152 percent.
“We are thrilled with the progress we are making in growing our bitcoin stockpile. We were especially pleased with our successful convertible notes offering, which was substantially oversubscribed with investor demand. Additionally, we were pleased to have monetized a part of our investment in Monarch Medical in order to buy more bitcoin,” Semler noted.
“We are thrilled with the progress we are making in growing our bitcoin stockpile. We were especially pleased with our successful convertible notes offering, which was substantially oversubscribed with investor demand. Additionally, we were pleased to have monetized a part of our investment in Monarch Medical in order to buy more bitcoin,” Semler .
The adoption of the Bitcoin strategy has helped the SMLR stock market gain bullish momentum in the past few months. According to the latest market data from TradingView, SMLR stock has rallied over 126 percent since October 2024 to trade at about $51 on Tuesday, February 4, during the mid-New York session.
Top Reasons Why Semler Scientific is Laser Focused on Bitcoin
Bitcoin has been adopted as a top treasury asset by 157 entities led by publicly traded companies including MicroStrategy Inc., Mara Holdings, and Riot Platforms Inc., among others. According to aggregate market data from , more than 3.03 million BTCs are held in treasuries of companies, governments, and funds.
As Coinspeaker has severally reported, the United States under President Donald Trump has been exploring adopting Bitcoin as a strategic reserve. On Monday, Trump an executive order directing the creation of a sovereign wealth fund, which will potentially include Bitcoin and other assets.
Semler Scientific has pledged to use future cash inflows from its operations in addition to the net proceeds from any securities offerings to purchase more Bitcoins. Furthermore, the company has a robust balance sheet but needs Bitcoin to ensure a robust hedge against inflation and global instability.
In the long haul, Bitcoin price is expected to trade in millions of dollars per coin as the demand outstrips the overall supply. As of this writing, the overall supply of Bitcoin on centralized exchanges is about 2.17 million coins. In addition to the roughly 1 million coins remaining to be mined, the demand for Bitcoin from institutional investors and nation-states will trigger a major rally in the future.