SMLR Update: BTC Holdings Increase to 3,634

Semler Scientific (SMLR) increased its bitcoin (BTC) holdings last week. The company acquired 167 BTC for $16.2 million, averaging around $97,000 each, as detailed in a Monday morning SEC filing. The purchases were primarily funded through the sale of common stock, with the company reporting the sale of 1.166 million shares for $39.8 million under its April 15 at-the-market offering (previous bitcoin purchases were disclosed 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. With bitcoin’s current price around $94,000, these holdings are valued at over $340 million.